Of course, as good Europeans, you don't need me to tell you that the headline means "Turkeys vote for Christmas".
Once again, let's remember that there are no cuts in most of Europe's wildly out of control public spending yet - the runaway train continues to career along the EU budget track, spewing cash and largesse for the faithful in all directions.
But just the anticipation of cuts and their effect that this has had of private industry has been paralysing. Especially in the UK where the woefully over-hyped and under-performing financial sector has wielded far too much power and influence for the past 30 years, banks are not lending money; they pay savers no interest, and they charge borrowers usury.
Terms like "Omnishambles" and the rather less decorous "Clusterf*ck" abound.
The French never have shown much discernible concern for anyone but themselves, so the prospect of the French telling the Germans that they are not going to play their austerity game is fascinating. The stockpile of Deutchmarks that the German central bank has been quietly printing and accumulating since last November is about to see the light of day.
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| Yesterday's man, and yesterday's man for the day after tomorrow |
But just the anticipation of cuts and their effect that this has had of private industry has been paralysing. Especially in the UK where the woefully over-hyped and under-performing financial sector has wielded far too much power and influence for the past 30 years, banks are not lending money; they pay savers no interest, and they charge borrowers usury.
Terms like "Omnishambles" and the rather less decorous "Clusterf*ck" abound.
The French never have shown much discernible concern for anyone but themselves, so the prospect of the French telling the Germans that they are not going to play their austerity game is fascinating. The stockpile of Deutchmarks that the German central bank has been quietly printing and accumulating since last November is about to see the light of day.
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