Lost in Translation: US v euro

Bloomberg columnist Jonathan Weil says Americans literally do not understand what European leaders are saying about the euro. He offers some translation advice:

29th September, 2011

The error most Americans make when trying to understand the European debt crisis is this: They fail to realize that the euro isn’t just a doomed currency, but a language unto itself.

Too often the great mishaps of our era can be ascribed to a failure to communicate -- from the lip-synching scandal that engulfed the German pop/dance act Milli Vanilli, to the time when Greece’s government started leaving all those extra zeros...

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