It’s all Germany’s fault

July 20, 2010

It is fairly commonplace at the moment for U.S. and UK financial analysts — what continental Europeans call the Anglo-Saxons — to predict the collapse of the euro zone, ¬†a project they were mostly sceptical about in the first place. ¬†MacroScope touched on this on two occasions in March.

Brit shock horror: euro to survive

March 10, 2010

Euro brezinys_EC1

Britons have never really got the euro zone. “Its not really going to happen, is it?” was a typical question from a City analyst to Reuters back in the mid-90s. The political drive behind the creation of the monetary union was beyond many in eurosceptic Britain.