According to "The Economist", Germany considers Eurobonds with horror, since they would be a big sacrifice for the creditworthy nations of the euro area. Stuart Holland turns down this argument.
The flow of capital going into the Emerging Countries is partly used to reinforce their economy and partly used for investment abroad : the flow of capital into Emerging Countries is matched by a relevant out flow from these countries
Gaddafi built his criminal and tyrant regime using the time honored game of “divide and rule” Now it is up to the Libyans and their leaders to agree on their political system, they will need technical and political support and advice as requested.
The economic and institutional building of the Euro was a choice coherent with a strategy and a “Project” different from the Europe we were thinking about. The need to Introduce a new currency for the Southern European countries (France, Italy, Spain, Portugal, Greece).
A “Constitutional Monster “ has allowed the “technocrats” to gradually absorbe a neo-conservative ideology that is taken as absolute truth. The only consistent drive to deal with the crisis is the political unity of Europe.
