teufels kreis

Among the many woes and aspects bemoaned about our very global economy—and a worry not countermanded by some other positive element but unilaterally punishing—is the potential that no matter how carefully planned, sacrifice and contingencies made flexible and more than yielding, the weakness or strength, decisions or sentiment touching any other markets could undo all the hard work, arrangements and negotiations and exacerbate problems by posing even bigger set-backs. Eurocrats and eurozone functionaries are gathered together for another installment of talks to issue a way forward, which is of course not just a dodgy doddering through, and a road map is something, although a path fraught with obstacles. Approaching a meeting with only the aim of maintaining a system at all costs rather that with convictions and principles only results in empty compromise, escalation and the true vicious circle (Teufels Kreis)—throwing money at problems and amounts to same good as not discussing or ignoring a problem as a surrogate solution. The diplomacy of map-making, no matter how the landmarks may be shifted or toppled by macroeconomic factors or caprice, are still indelible features to be navigated.