Falling like dominoes in Europe
I would have liked, as an academic exercise, to see how the Greeks would have responded in a referendum on the EU and IMF’s €130 billion bailout.
News on the Net , Bio and Archives--November 10, 2011
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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?
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