Those Crazy Europeans

So, all the EU countries have finally come together and decided to establish what is essentially a failed-government bailout fund of nine hundred and fifty seven billion dollars. The Wall Street Journal article contains the following sentence:

Since it became clear that Greece would not be able to meet its financial obligations and fears spread that other indebted nations like Spain, Portugal and Ireland would have similar troubles, Europe has responded fitfully.

In an article that seems otherwise supportive of the move, with only a little bit at the end about how the problems that caused this are still very much present, and everyone is basically hoping Greece et al learn to control themselves real quick, did they actually mean fitfully, meaning in an irregular or unsteady manner? Or did they mean to write fittingly , which means appropriately? Anyway, it is interesting that both interpretations would fit.

(Sorry, I couldn’t resist.)

PS: Tyler Cowen has some thoughts on Europe, here.

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3 thoughts on “Those Crazy Europeans

  1. indebted nations like Spain, Portugal and Ireland would have similar troubles, Europe has responded FITFULLY!

    i personally think that the first interpretation is more suitable to the whole thing.. ..anyway..its high time they did some thing…

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