By Robert Presser on July 18, 2012
Partygoers are familiar with the ritual at the end of a festive evening – the band announces the last song, those still up for a dance take to the floor, other revellers observe, have a last drink or finish up their conversations. When the music’s over, the band thanks everyone for coming out, the lights go up and then the staffers encourage everyone to head to the door. At least this is how it is supposed to be.
This is not the case if the party is being thrown by the debt-laden developed economies of the world, and especially those within the European Economic Community who are members of the Eurozone.