Monday 17 May 2010
Trichet calls for 'quantum leap' in eurozone financial discipline
Refreshing, but unlikely
Mr Trichet is speaking against the cultural zeitgeist when he asks European nations to say "1) It's our fault. 2) We have to fix it. 3) We have to stop spending more than we make and 4) We (all of us) will have to make sacrifices."
Of course he is right, but I don't like his chances.
# posted by Had It in Holland Park @ 03:09 
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