Edward Hugh, the Economist at A Fistful of Euros, is apparently trying to get his readers depressed by posting all these posts yesterday:
The last mentioned post sees Germany at the heart of the bailout requiring support from the rest of the EU, recommends EU bonds, and states that it "its the demography silly" and "Germany needs a demographic fix." What an excellent policy recommendation for Valentine's Day. Now, of you go.
Watch the following videos with more thoughtful policy recommendations:
Don't read Edward Hugh's other very recent posts on Latvia's Economy Falls At A 10.5% Rate In Q4 2008, German Exports Drop Again In December, Russia's Finances and Economy Look Nervously Towards The Abyss, Poland Is Now In Talks With The IMF and Italy Needs EU Bonds And It Needs Them Now! and The Second Great Depression Spreads...
And if you do read them, and feel like this is a countdown to poverty in Europe, then cheer up with this video of Europe's The Final Countdown. We survived the fashion of the 80s, so we shall survive this economic meltdown, if we learn from the Sensible Canadians.