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Are European Leaders All Freaking Out At Once Because They Saw The Same December Economic Data?

Matter-Eater Lad

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Three makes a trend right?


* Angela Merkel almost dared traders to go short the euro, telling a newspaper that Greece would threaten to buckle the currency.

* ECB chief Jean-Claude Trichet said today that interest rates will remain super-cheap.

* Nicolas Sarkozy said this past weekend that he wanted the government to take a more active role in currency manipulation (i.e. make the euro cheaper).


Gee, what gives? Maybe they all saw ugly December numbers -- like the production data out of Germany -- showing a return to recession. They're freaked out about jobs going to low-cost United States.


Either that, or it's just a total coinicidence that the three most influential players in the EU are all talking about this right now.


Your pick.

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