The troubles in Europe

Here's an interesting summary of the European sovereign debt crisis that is so clear there must be something wrong with it.


G-20 Fiddles; World Burns.

Sample commentary:

Meanwhile Germany and France, the two countries on whose close and strategic cooperation the entire EU system depends, have opposite views about how the current crisis should be addressed.  The French think the Germans should pay through the nose to keep the euro going while increasing the German government deficit to bolster the European economy.  The Germans think the French should shut up.