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Europe’s Debt Crisis Endgames—Stealth Solutions

Satyajit, Das, (2013), ‘Europe’s Debt Crisis Endgames—Stealth Solutions’, www.economonitor.com, 24 Ιανουαρίου.

In his novella Chronicle of a Death Foretold (Crónica de Una Muerte Anunciada in the original Spanish), Gabriel Garcia Marquez commences at the end of the story gradually revealing the events leading up to a murder. The non-linear telling creates an unusual tension. With the conclusion known, only the precise steps leading to the tragedy remain unclear.

The probable endgame of Europe’s debt crisis is already known – de facto mutualisation of European debt and greater integration. But the precise events leading up to it are unknown. The story is being told backward.