:: Bite The Wax Tadpole ::
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:: Wednesday, June 01, 2005 ::
There is a "Plan B" After All
Boom Chicago has it all figured out in their "After the No: Smaller Unions Instead" video.
:: Erik | 6/01/2005 09:52:00 PM | | ::
If you're looking for evidence... that the Euro is failing, look no further than this item from today's German News:
Failure of monetary union ruled out
The President of the German Federal Bank ("Bundesbank"), Axel Weber, has ruled out the notion that the European monetary union should be declared a failure. The issuing bank in Frankfurt (am Main) stated that it would not entertain such an absurd discussion. The federal Finance Ministry in Berlin had earlier issued a similar statement, that Finance Minister Hans Eichel definitively saw no danger that the economic and currency reform could fail. These statements came in response to a report in the Hamburg-based newsmagazine "Stern" that Eichel and Weber had discussed the topic.
You can practically hear the nervous giggle.
:: Erik | 6/01/2005 09:50:00 PM | | ::
