AEP does not favor a crash. IMHO he's telling the socialists (especially the Germans) that if they want socialist union, they better start acting like it. They need to start spreading the wealth around or these PIIGS will crash them all quick.
AEP prefers the socialists to crash slowly so as not to crash the world quickly.
yitbos
Thanks for the insight. I wasn’t sure where he was coming from. James Rickards has started saying this will end up as Germany’s fourth reich, albeit an economic one, in that if they keep bailing all the other countries out, Germany is going to be in a position of influence to tell them when to jump and how high. I find that disturbingly ironic.