Putting in the Bootle

It’s OK then. The combined brilliant minds of the G8 (which of course includes our cuddly KGB friend, vote-cheater Vlad Vlad Pootin and little tax-cheater Geithner) say Greece should stay in the Euro. All scripted no doubt by the lovely Christine. She’s flashing her charms off-stage and Dodgy Dave Cameron has fallen hook line and sinker (he’s on the rebound from Rebekah of course, now the Old Bill has felt her collar again – so we should be charitable. This is really little Georgie O’s game). So the Greeks can breathe easy again and do what Christine tells them: which is to vote in that nice cuddly Evangelos Venizelos in June. She’s asked Vlad Vlad to divert via Athens and show the Greek PASOK socialists how you can win 107% of the vote in a province where you’ve recently shot all voting age citizens. Problem solved. Now all we need to do is drone the mantra of “growff” and wait for our collective Nobel prize in the mail. Of course Die Eiserne Kanzlerin is going to have a snit and try to explain that the Prussians know more about “growff” than the rest of the Motley Crüe put together and it’s done with austerity, balanced budgets and arbeit (plus a grossly under-valued, bugger-thy-neighbour exchange rate helps).

So one must assume that the G8 (ohne Deutschland) will put their money where their mouths have been and leave Christine with a blank check payable in perpetuity to the Greek Treasury? No fools those Greeks. Nice islands too. Shame about the Retsina. Will they (the G8), hell! Which means they are consciously mouthing platitudes and trying to get the heck out of Camp David before Christine plants both hands on their shoulders and flashes her charms. Talking of charm, I hear Van Rumply and Herr Schäuble are joint winners of the G8 MVP funny-men award for hinting the EU, the Eurozone, the ECB, the world economy, the BuBank and the EBRD will be just fine right after the Greeks have been ex-fenestrated from the world. Of course what they all mean (G7 out of G8 – excluding Germany) is that it’s very important to stop the Euro-rot before Greece reverts to the Ottoman Empire; so important that Germany must pick up the tab (the Dutch and Finns can help if they feel so inclined). So the irresistable force of Euro-Socialismus, debt mutualisation, Euro-bonds, spenders over savers/arbeiters meets the immoveable (maybe) object of Die Kanzlerin and her remaining ability to govern by the German constitution. It’s billed as a heavy-weight match over 15 rounds, no TKO’s, no submissions. With Hollande now leading the deficit spenders it must be lonely at night in the Berlin Bunker with only BuBankers to talk to.

http://www.telegraph.co.uk/finance/comment/rogerbootle/9277943/The-most-pro-European-thing-to-do-now-is-reject-the-euro.html

Bootle right on as always.

Zero statesmanship on all sides means it can only get messier, nastier and spread misery all around the world. The Euro-Fathers (that’s you Jack Delors) will have a lot for which to answer on Judgment Day.

Now they’ll send Vlad Vlad home and try to fix NATO.

Simon