“The whole Eurozone concept was deeply flawed from the get go”

Yeah, I actually don’t particularly personalise it as being Merkel’s….She is not a model of clarity and forcefulness. But even if she were – then what? She’d have to bring the German electorate with her. The whole Eurozone concept was deeply flawed from the get go. The crucial error were made in the late 1980s when this project gelled. It’s the ineluctable logic of tragedy. [bron]

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