Friday 28 October 2011

EU looks to China for a bailout.


The head of the European bailout fund - the EFSF - is on his way to China. He is looking for cash from the Communists.

What does this say about the eurozone? At a minimum, it looks desperate.

Do you think eurozone leaders will be raising any human rights issues when they next visit Beijing?

What is the price for silence?

7 comments:

craigs clock said...

Free Tibet

Kitz said...

They will regain Taiwan without firing a shot .

Anonymous said...

Of course, this is not the first time there has been a trade imbalance with China.

http://en.wikipedia.org/wiki/Opium_Wars

minerva @ real estate park city said...

I don't know about this, but I just hope for the world to be peaceful. And I just hope that there is no hidden interest behind this. :)

john miller said...

Unelected, undemocratic, corrupt, amoral elitist rulers, eh?

Bet the Chinese will identify with them all right.

A K Haart said...

"What is the price for silence?"

When denominated in euros - not high.

Stevie b. said...

http://globaleconomicanalysis.blogspot.com/2011/10/financial-suicide-head-of-efsf-says.html