Opinion – Reform alone is no solution for the eurozone – Martin Wolf – FT.com – John Gelmini

Fiscal policy

Fiscal policy (Photo credit: Wikipedia)

Dr Alf raises interesting points.

Probably what will happen is a slight loosening of German policy on austerity, more printing of money by everyone else, especially France and great proclamations about how well the EU is doing and more blaming of the present debacle on “Global economic conditions”.

The day of reckoning is coming but not just yet.

The “fiddlers” watching the reincarnation of the “Holy Roman Empire ” have a few more tunes left!

John Gelmini

The Great Chinese Exodus – WSJ

English: The Chinese characters "漢語/汉语&qu...

English: The Chinese characters “漢語/汉语” meaning the Chinese language, made using the 汉鼎简中楷/汉鼎繁中楷 truetype font Category:Chinese writing Category:Language names in non-Latin scripts (Photo credit: Wikipedia)

This article from the WSJ is well worth a read. Check it out!

via The Great Chinese Exodus – WSJ.

As I read the article, I was fascinated how Chinese could go to the US so easily. Presumably, there is a special residency visa class for those that can afford it?

Any thoughts?