Economics Art

I was researching the European Stability Mechanism this morning for a paper on the evolution of the euro, and I ran across this gem of economics art on the ESM webpage.  

Put on your mechanical engineer hat for a moment. This is a set of gears that literally cannot turn. To say nothing of the wisdom of putting belts on gears. Perhaps this is a subtle cry for help? 

(The ESM is sort of europe's internal IMF that can lend money to strapped governments with conditions.)