If the newly nice Mr Giuliani campaigns for Mr Lazio energetically enough, some law-and-order Democrats may see a vote for Mr Lazio as a way of thanking Mr Giuliani without having to toleratehim in their face.
But his refusal to countenance structural reform of any sort would surely make it harder for him to persuade Mrs Merkel to tolerate more inflation or consider some form of debt mutualisation.
"We're conditioning them to tolerate the urge, " says Dr. Frost, who concedes that a few die-hards have met him in the parking lot with their arms full of purchases made before the exercise began.