The title of this post comes from Harold Macmillan, once a prime minister of the UK, who was asked by journalist what was most likely to bring down a government. To which that was his reply.
Yesterday I speculated that the plight of Greece would be resolved, if at all, by either eradication of national sovereignty, or a complete default on the debts, as an alternative to social unrest and collapse. (All marvelous options, of course.)
God's Teeth, things are going fast. the EU has already moved to limit Greece's voting rights, with a symbolic withdrawal of voting rights in one meeting, but with some hard core sentiment behind it.
"We certainly won't let them off the hook," said Austria's finance
minister, Josef Proll, echoing views shared by colleagues in Northern
Europe. Some German officials have called for Greece to be denied a vote in
all EU matters until it emerges from "receivership".
Now, let's see, Germany running Greece according to the Teutonic economic model, and imposing swingeing cuts on public sector jobs, salaries, and raising the retirement age by six years to bring it into line with the German norms.
What could possibly go wrong?
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