Expression chosen as “Word of the Year 2012” in Germany. It combines – linguistically unusually – two contradictory terms and is intended to express that the constantly recurring measures to stabilize highly indebted EMU members will ultimately probably come to nothing (will be in vain: run out, and the moneys spent are dissipated into thin air). – See European Financial Stabilization Facility, Europayer, creditor priority, conditionality, last-resort provision, bailout, bailout Europeans, bailout package, risk taker, final, shadow state, two-way option.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/