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June 08, 2010
The Euro Is Saved!
So...the Euro is tanking, brought low by fiscal promiscuity from one corner of Europe to the other. The ship is listing. What to do?
Why, you bring a financial powerhouse, an economic battering-ram, into the Euro! I present: Estonia! The Baltic juggernaut! Their mighty kroon will reinvigorate the Euro like a shot of pure testosterone straight from a bull's testicles!
And unlike all those other lying liars (who shall go unnamed for the moment), Estonia has adhered to all the EU rules governing budget deficits and total government debt. Honest.
And here I've been a doubter of the whole Euro project. Jean-Claude Trichet shall surely have the last laugh.