GOOD READS: It’s the Economy, Dummkopf!

With Greece and Ireland in economic shreds, while Portugal, Spain, and perhaps even Italy head south, only one nation can save Europe from financial Armageddon: a highly reluctant Germany. The ironies—like the fact that bankers from Düsseldorf were the ultimate patsies in Wall Street’s con game—pile up quickly as Michael Lewis investigates German attitudes toward money, excrement, and the country’s Nazi past, all of which help explain its peculiar new status.

Quite long but well worth the time:  It’s the Economy, Dummkopf!

Also interesting, the much shorter metaphor by Mohamed El-Erian: Europe’s Central Bank at Sea

 

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