The events that the Euro crisis is feeding on are becoming increasingly strange lately. Aside from the relative difficulty and delay in which European leaders agree on the future moves, from their amplitude and the concrete perspective to implement the rescue solutions (implementation, calendar), and there are two levels of the debate shaping up, each very interesting from a political point of view. The first concerns the future of the unified European currency, and the second concerns the real impact of the financial crisis in the Eurozone, in particular on the American economy and its chances of recovery.
As for the future of the Eurozone, what attracts attention is the increasing discrepancy between the statements of the European leaders and those of the "specialists". European politicians, starting with the Merkel-Sarkozy "marriage" and starting with the sycophants at the top of the European Commission, the European Council or the European Parliament, are trying to convince each other and the citizens of old and beautiful Europe that the future of the single currency is secure, even if it were to go through a difficult patch, for a while, that they know what they should do and are doing it to solve the situation, and even more, to make sure what is happening now will never happen again. The optimistic attitude of the political leaders, even though some of them may look a little more glum than usual, is sometimes backed by the statements of the European Central Bank. On the other hand, all sorts of "experts" at reading the economic future, from Roubini to Soros, announce every other day that the Euro has already been buried by the rubble of political incompetence and impotence; the only thing we should concern ourselves with, these fortune tellers claim, is what our world will look like after the Euro becomes just another exhibit in the museum of brilliant,
