Comments on: Merkozy decrees: no more losses http://blogs.reuters.com/james-saft/2011/12/06/merkozy-decrees-no-more-losses/ Fri, 17 May 2013 10:00:13 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: golew http://blogs.reuters.com/james-saft/2011/12/06/merkozy-decrees-no-more-losses/comment-page-1/#comment-1035 golew Wed, 07 Dec 2011 15:15:14 +0000 http://blogs.reuters.com/james-saft/?p=666#comment-1035 "a little creative destruction never hurt anybody." Right: http://www.youtube.com/watch?v=4F4yT0KAMyo&list=FLoFPKOpwl8m3oxxucTeMXnA&index=18&feature=plpp_video “a little creative destruction never hurt anybody.” Right: http://www.youtube.com/watch?v=4F4yT0KAM yo&list=FLoFPKOpwl8m3oxxucTeMXnA&index=1 8&feature=plpp_video

]]> By: rwmccoy http://blogs.reuters.com/james-saft/2011/12/06/merkozy-decrees-no-more-losses/comment-page-1/#comment-1034 rwmccoy Wed, 07 Dec 2011 01:19:50 +0000 http://blogs.reuters.com/james-saft/?p=666#comment-1034 So when all is said and done and nothing has been done, we can all look forward to a disorderly disintegration of the euro. Of course, if the eurocrats succeed in bailing out the banks, the investors and the sacred pension funds, they will get zombie banks, zombie corporations and a zombie economy. Visitors to the Eurozone will be struck by similarities to the current Japanese malaise. Hmmm, maybe disorderly disintegrations aren't so bad. At least if you hit the reset button, you can start over — a little creative destruction never hurt anybody. So when all is said and done and nothing has been done, we can all look forward to a disorderly disintegration of the euro.

Of course, if the eurocrats succeed in bailing out the banks, the investors and the sacred pension funds, they will get zombie banks, zombie corporations and a zombie economy. Visitors to the Eurozone will be struck by similarities to the current Japanese malaise.

Hmmm, maybe disorderly disintegrations aren’t so bad. At least if you hit the reset button, you can start over — a little creative destruction never hurt anybody.

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