Tuesday 16 August 2011

Quote Of The Day

A telling quote from the Financial Times regarding Merkel and Sarkozy's press conference today on how to prolong the Euro crisis for another week (my emphasis):
Attention will be given to the Tobin-style tax proposal but it’s worth remembering that Sarkozy has suggested this before. The only difference now seems to be that he’s looking to use the proceeds to prop up the eurozone rather than fund development in Africa and climate change mitigation efforts.
'Nuff said

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