Friday, November 4, 2011

Fear and loathing in the Cannes debt festival



By Pepe Escobar
Asia Times

"After posing as the Great Liberator of Libya, French President Nicolas Sarkozy thought this week's Cannes Group of 20 summit would crown his Napoleonic ambitions. Instead, the Greeks made the (invisible) God of the Market angrier than Zeus and more psychotic than a German chancellor. All eyes are on China, but the Middle Kingdom's generosity carries a hefty price tag - European exceptionalism itself...."

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