Poking the Eurozone Bear
When confronted by a bear, the conventional wisdom is to lie motionless until it loses interest and leaves you alone; but there are distinctions among kinds of bears, with some more likely to respond to bold action. This scenario is helpful for thinking about the eurozone, as it confronts its next survival test.
https://prosyn.org/Ef6KOiX
LONDON – The conventional wisdom is that, when confronted by a bear, you should lie motionless until it loses interest (or assumes that you are dead) and leaves you alone. But there are different species of bear, with some more likely to be deterred by bold, purposeful action. The question is how to determine the right approach when terror incarnate is staring you in the face.