Saturday, September 11, 2010

Trichet Calls for "Credible Alertness" on Post-Crisis Euro

European Central Bank President, Jean-Claude Trichet


Financial Times editor Lionel Barber interviews President of the European Central Bank, Jean-Claude Trichet. Couldn't embed the video here, but get it via the link at this twitter account: willfleeson

Watch for the nice EU-US comparison around minute mark 3:30, when Barber says the EU cannot boast a common currency and treasury, as can the US. "This is not Massachusetts," he points out, a statement of the obvious that only transatlantic wonks like EurAmerican may find appreciable. 

Also see insightful commentary on economic globalization after nine and a half minutes.

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