主题：【原创】别话8：2010新春夜话：串说最近的新闻几句 -- 葡萄

export.

Here the key: capital massive outflows will expose all kinds of financial/social problems in Europe. Keep in mind, Europe will have to resort to stringent fiscal/monetary policies to entice foreign capital--this will depress real economic activities in return(thus social unrest) and slowly expose its Eastern European problem.

Euroland is already between a rock and a hard place. American financiers and gradually all bankers around the world will attack the European financial system.

德国对pigs问题的态度，--Germany could do nothing except some lip service. Keep in mind, the constitutional court of Germany is very powerful. The German gov. could do little constitutionally and politically. EU is effectively a divided land and now the division will be more obvious.

Germany wanted more austerity in Greece--it is not possible under the current social situation in Greece. Greeks wants free money from Germans and Frenchmen, but voters of both nations have already shown their middle-finger.

Now is typically a prisoner's dilemma: cooperation is win-win, but nobody can agree on the cost division; take-care-of-one-self is lose-lose, but will be the final outcome.

American vultures bet it will be a lose-lose game in Europe.

Of course, pull-down of the European financial system will inevitably haunt US companies and then US capital market at later stages. But now it is more and more possible that a GLOBAL ATTACK on Euroland is to come soon.