“Europe is the world’s largest economy, and there won’t be global economic recovery without European economic recovery…We hope Europe will be fine”. Hu Jintao, Chinese President - FT
As the news from the European front comes in a deluge of contradictions and imperatives, I am reminded of those dog days of 2007 when we first caught a trailer of what was coming to theaters in 2008. At that time America was ground zero of the financial crisis - we just didn't know it or realize how significant its effects would be to our economy and the global landscape in general.
