Comment on preceding Re-blogged post

The point that John Ward is making is that there is some evidence of systematic switching of funds within the EU to prop up the weak Euro in some countries where it is felt to be needed: a sort of fiscal firefighting.

I do not expect this to be more than a temporary emergency measure. But the € being fundamentally flawed in its design and in the countries it includes it bodes ill for the future of the Euro.

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