The markets, the masses and Merkel
November 30, 2011 Leave a comment
The euro zone may be just over a week from collapse, and the whole world’s waiting for Germany to allow the issuing of eurobonds or to give the European Central Bank the green light to take a leading role in combating the crisis. Yet so far, Chancellor Merkel’s refusing to budge. Here’s the LA Times’ take on the showdown, to which I contributed reporting.