I’m OK, EuroK? Maybe not.
Here’s an Australian parody video of what you might call “EuroK thinking.” It’s making the rounds in Europe at the moment. (The link was sent by a friend in Spain.)
The punchline: If everyone in Europe owes everyone else in Europe money that can’t be repaid, how can “Europe” be in a position to bail “Europe” out?
A more memorable exchange from the video:
BRYAN DAWE: Why are people selling the European currency and buying the US dollar?
JOHN CLARKE: Because the US economy is so much stronger than the European economy.
BRYAN DAWE: Correct. Why is that Roger?
JOHN CLARKE: Because it’s owned by China.