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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Why the Eurozone Bomb Has Not Been Disarmed Yet | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="iJaVGAPBxq"&gt;&lt;a href="https://www.nakedcapitalism.com/2010/09/why-the-eurozone-bomb-has-not-been-disarmed-yet.html"&gt;Why the Eurozone Bomb Has Not Been Disarmed Yet&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2010/09/why-the-eurozone-bomb-has-not-been-disarmed-yet.html/embed#?secret=iJaVGAPBxq" width="600" height="338" title="&#x201C;Why the Eurozone Bomb Has Not Been Disarmed Yet&#x201D; &#x2014; naked capitalism" data-secret="iJaVGAPBxq" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Wolfgang Munchau in the Financial Times gives a good recap as to why the recent spell of good cheer regarding the Eurozone is overdone. His central observation is that the Eurozone, like the US, patched things up with duct tape and bailing wire, and the hope was that the resumption of peppy growth would reduce [&hellip;]</description></oembed>

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