An exercise in discontinuity

From The Big Picture comment section:

When the bank for the British royal family (RBS) is “forecasting” continued credit market troubles … when the European Monetary Union is essentially declaring war on the Fed with threats to drive the exchange rate value of the dollar into the depths of hell … you must appreciate how these are, indeed, extraordinary times in which we are living.

“Declaring war?” Sounds like a lack of cooperation to me.

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