And the euro saga rolls on....

We have three inter-linked crises:

• Eurozone sovereign debt
• Capital and liquidity issues for banks
• Economic slowdown

The French and Germans are meeting tomorrow to try and sort out the mess of Dexia bank.  See:
http://www.telegraph.co.uk/finance/financialcrisis/8815802/France-pushes-Germany-on-EU-bank-rescue-deal.html

Follow-up report: http://www.bbc.co.uk/news/world-europe-15226953
Inadequate thumbs in the dyke time?

The citizens are becoming more restless as the political elite who promoted the disaster that is the eurozone fail to find solutions to the self-inflicted problems.  We are but mere bystanders as the tragedy unfolds, the audience to the rotten machinations of the political class.  At least when the royal families ruled Europe there was no pretence about democracy.  We knew our place: and we do now.