On May 11, 2010, at 11:14 AM, dredmond at efn.org wrote:
> On Mon, May 10, 2010 10:50 pm, Wendy Lyon wrote:
>
>> But still, I'm impressed by your unfailing ability to put a positive
>> spin on everything the EU leaders do.
>
> If you let Greece and the Mediterranean countries default, Europe goes
> into a 1931-style meltdown, and we already know how that movie ended.
If today's NYT is to be believed, it took some arm twisting from Obama to get the Euros to agree to a bailout. They're still the junior partners and think like such.
Doug