Falling like dominoes in Europe

By Nevil Gibson, NBR The market upheavals in Europe, where political inaction has led Italy and Greece to the brink, have barely raised a ripple on the local election campaign.

---

The candidates are still outbidding each other with ways to spend taxes – and you can add to that with the extra borrowing involved. Do voters not care about this? Or has the political environment been made so cancerous by the need for entitlements that it no longer matters?

More...