Q: What's the difference between Greek Prime Minister George Papandreou and the cleaning lady at the Times Square Sofitel?
A: When Papandreou and Strauss-Kahn met privately, months before the Greek economic crisis erupted, Papandreou didn't call the cops.
The New York Times today has a cautious, whistling-past-the-graveyard analysis of the possible repercussions of Strauss-Kahn's alleged, attempted rape:
http://www.nytimes.com/...
The impact of this affair on French politic is bound to be relatively small in the long run: Strauss-Kahn was a "pipol" candidate, meaning his chances of winning were mostly in the eyes of the right-of-center "People" media.
The impact on the Euro zone is bound to be much more interesting. As in most "pipol" events, this just might be the symbol that tilts the works. I, for one, will be greatly interested to see where the Euro's exchange rate goes tomorrow morning.
- Hysterix le Gaulois.
WOID