December 7, 2010

AN END TO THE EURO? “I hear all the reasons that this has to muddle through. But I remain worried. Already, I am not hearing great things about the German economic team; the economists are having a harder and harder time persuading the politicians that this is a good idea and the voters are getting madder and madder. Angela Merkel is fiercely resisting expanding Europe’s emergency fund. Meanwhile, so are voters in Ireland who don’t see why they should have to pay through the nose to bail out foreign banks. As Herb Stein said, if something can’t go on forever, it won’t. And this can’t go on forever.”

Comments are closed.
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.