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Pxx's avatar

blunt, but true.

EU leverage evaporates in many arenas, and trade partners of all kinds will extract more. (think Turkey, China, financial intermediaries in US or Dubai or HK now that Euro's reputation as a neutral finance arena is also dead...). With this, likely to see wave of reactionary politics across the continent, making it even worse.

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james's avatar

i like medvedevs line at the bottom in regards to usa towards europe -

"And soon he will simply throw the insanity grandmother out onto the cold street, mercilessly slamming the door of her own house behind her." a sad, but truthful summation as i see it..

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