how is our race to the bottom doing? Greece is on it's way to yet another default. If my calculations are right (see: http://fdominicus.blogspot.de/2012/05/ist-blodheit-ansteckend.html) then Spain has to get new debt of 33 ยข for every Euro they spend...
As expected and wished for Hollande has won. The good thing having a socialist is that we're faster through it all. That's all there is to write. France will now try to get the EZB printing more money, financing programs for the unemployment and...