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Bailout

: Macroprudential

Viewing the euro crisis from Britain

By Felix Salmon

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The Economist’s Charlemagne was unimpressed by my euro fantasia this morning: apparently I was the BBC’s second choice for the spot, and was approached only after they had been turned down by more sober journalists.

There is enough noise out there about Anglo-Saxon newspapers talking down the euro without dragging The Economist into a spoof about the death of the single currency… the whole idea felt unworthy of the BBC. …

The British media is handling this crisis with unusual complacency, tinged with a certain glee.

Charlemagne even manages to call the Times (of London) “criminally irresponsible” for writing about a break-up of the euro.

All of which represents a level of hypocrisy in the Economist that I’d previously suspected, but not noticed due to highly evasive skills.

Exhibit A:

Economist Cover.jpg

Full post as published by Macroprudential on May 20, 2010 (boomark / email).

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