Eurozone debt keeps on dancing

摘要

"As long as the music is playing, you've got to get up and dance. We're still dancing," former Citi chief executive Chuck Prince notoriously told the Financial Times as the global financial crisis began to unfold in July 2007. He lost his job a few weeks later, but the music still seems to be playing on the other side of the Atlantic. This time, it's the children's party game of passing the parcel. When the music stops, whoever is holding the parcel has to unwrap it. But in the eurozone, nobody wants the music to stop.