Wednesday, 23 November 2011

Who Will Blink First

As Eurozone contagion swirls around Germany, Merkel has apparently made her position clear with what appears to be a Shermanesque statement:
"I am firmly convinced that the mandate of the European Central Bank cannot, absolutely cannot, be changed."
So now what? There are two stark options for Merkel; integration or break-up. Instead what we have here is a game of brinkmanship being taken right to the wire where all of our lives are being messed about on a whim. We've been here before, but it won't affect them it will instead affect us.

We should not be accepting this.