Friday 18 November 2011

What's Wrong With Being a Party Pooper

At least Cameron escaped being photographed feeding carrots to Mrs Merkel unlike FCO minister Jeremy Browne (feeding carrots to a Panda not Mrs Merkel). Cameron's conversation with Mrs Merkel must though have had a sense of deja vu about it since both knew beforehand exactly what the other was going to say. So what was the point of the meeting? Merely to show that despite the differences between the countries they can still talk politely to each other? There is I suppose some merit in that. Did Cameron get an impression that the Germans are bluffing about not letting the ECB print money and become the lender of last resort in the eurozone as has been suggested by some like Charles Crawford here? I suspect not although Simon Miller seems to be suggesting in his blog in The Commentator here that Germany is already aware that the ECB is involved in some debt transfer. Whatever Germany's position it is frightening that some experts are beginning to suspect that the euro crisis could now last into 2013 - read for example Philip Aldrick's article in the Telegraph here. Whatever happens the blame will be landed at our door. Correction, is already being landed at our door because we harbour the dreadful speculators within our bosom in the City of London. Jeremy Warner has an interesting piece on this here. There always has to be someone to blame and Nigel Farage blames Barroso, van Rompuy and their ilk as can be seen here. I have to say that I'm with Farage on this. At some point the EU will want to impose a new government on us and Quentin Letts in the Daily Mail gives us an idea of who might make up that government here.    

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