>Spoken like the true author of "Wall Street" :-)
My deformation professionelle.
>BTW, I am sure you agree that it has been unhealthy the way
>progressives in the US have been on a death watch for some crisis
>to shake things up.
You bet. Absolutely.
> Even people like Krugman seemed to have joined in with this. Their
>role is rather to be building a movement.
>
>Paul
>
>PS on the substance: You have a point (quick thinking) but one could
>also argue that it won't change exchange rates much after a few
>weeks.
I don't know. Europe now has no political coherence - not that it had much before - undermining the fundamental basis for the euro. And the demonstration that the populace has no stomach for neoliberal reforms weakens the economic foundation.
Doug