Read More: Angela Merkel, European Union, Financial Capitalism, Financial Crisis, Capitalism, Europe, World News
The mechanism behind the redistribution of money is not the survival of the best ideas, as the proponents of the free market want to tell us. Instead, investments are loaded with risk while toxic assets are passed back and forth among the big players.
France would be ready to embrace reform, as long as it's fair. But an arrogant Sarko marginalized any interlocutor; thus the whole issue was transferred to the street.