Alex Massie Alex Massie

Thought for the Day | 26 September 2011

Via Samizdata, here’s Jeff Randall on the eurozone crisis:

The fallacy at the heart of this crisis is that every financial problem has a political solution.

True. And one can make another, related point: the fallacy at the heart of this and every other matter is that every political problem has a financial solution.

 

Or, often, a solution at all.

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