Friday, February 10, 2012

Right on cue

Where have we seen this before?

This is getting downright cyclical. The EU and the IMF and Greek Prime Minister Papademos announce to the world, "We've reached a bailout deal! It's very precarious, and it depends on the legislature and the general public accepting further austerity measures, but we're confident we can do it!" Then Greek workers strike and riot and member of Papademos's coalition start to bail. THe EU and the IMF become doubtful and the cycle starts again.

No comments:

Post a Comment