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There was a great quote about France's economic reliability in Michael Lewis' recent Vanity Fair piece: << The idea he and his fellow dissident German economis
by kanamekun 15y ago
There was a great quote about France's economic reliability in Michael Lewis' recent Vanity Fair piece:
<< The idea he and his fellow dissident German economists have cooked up is to split the European Union in two, for financial purposes. One euro, a kind of second-string currency, would be issued for, and used by, the deadbeat countries—Greece, Portugal, Spain, Italy, and so on. The first-string euro would be used by “the homogenous countries, the ones you can rely on.” He lists these reliable countries: Germany, Austria, Belgium, the Netherlands, Finland, and (he hesitates for a second over this) France.
“Are you sure the French belong?”
“We discussed this,” he says seriously. They decided that for social reasons you couldn’t really exclude the French. It was just too awkward. >>
http://www.vanityfair.com/business/features/2011/09/europe-201109 http://www.vanityfair.com/business/features/2011/09/europe-2...