Eurocrats want you to know the crisis has nothing to do with the flaws inherent in the eurozone system. No, prominent (and normally pro-U.S.) German MEP Elmar Brok calls it akin to a “currency war” in pursuit of “Anglo-American interests”. Former French president and father of the doomed EU constitution Valéry Giscard D’Estaing claims it is “a manufactured crisis … deliberately created by the financial markets, in particular Anglo-Saxon”.
All this begs the question: Why is the eurozone so vulnerable to this kind of attack (clue)? German newspapers, incidentally, don’t believe a world of this.
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