Tick tock, tick tock
It's a mixed bag of retail PMI news in Europe today (assuming of course one believes that spending is good).
Some common sense discussion is taking place in Spain regarding the necessity of Spain exiting the eurozone.
The eurozone proponents ignore the costs of staying in the euro and overly trump up the benefits. The article perpetuates the myth that German taxpayers will suffer the consequences of a breakup, but suffer no costs if the eurozone stays intact.