An
endgame at last for the beleaguered Eurozone in it current form. This
patient, already in an intensive care unit since last year is
beginning to respond to diagnostic treatment prescribed by an array
of observers, critics, specialists and skeptics.
And,
it's finally decision time for Greece, Spain, Italy and France.
Options are clear. You can stay in the club but under German
leadership and German rules or leave the Eurozone, devalue and become
more competitive.
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| An endgame at last for Stars of the Eurozone drama. How it is played out we must wait for the last act. 2012 & London 1973 |
Can
Spain stomach a full blown bailout. Can it sell the humiliation which
goes with Troika stomping through Madrid. Can Rome and Paris secede
power to the new powerful bankers who just last year were arrogantly
flicking champagne over citizen protesters as they marched down Wall
Street. Can French music drown out the jokes and the smug laughter of
victorious technocrats clicking their fingers to demand how high
French officials jump.
Not
an accurate analysis I know. However, this is how it will all be
perceived during the technocrat occupation of Madrid, Paris or Rome.
There is also the possibility the Troika will be lucky to make it
from the airport to the hotel in one piece.
The
situation is almost clear. It's a new concert from when Greece
leaves. Who dances with Germany down the line must be sure they
know their steps in keeping up with the tempo. Who leaves the
Eurozone must speed up reforms towards securing efforts to rejoining
the zone. Or, sit and watch sullenly from the benches while a new
Euro super-core waltz its way to dizzy heights.
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