Warning: Constant ABSPATH already defined in /home/public/wp-config.php on line 27

Warning: Cannot modify header information - headers already sent by (output started at /home/public/wp-config.php:27) in /home/public/wp-includes/feed-rss2-comments.php on line 8
Comments on: Austerity For Thee … https://whynow.dumka.us/2012/05/20/austerity-for-thee/ On-line Opinion Magazine...OK, it's a blog Tue, 22 May 2012 03:05:58 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Bryan https://whynow.dumka.us/2012/05/20/austerity-for-thee/comment-page-1/#comment-59562 Tue, 22 May 2012 03:05:58 +0000 http://whynow.dumka.us/?p=25397#comment-59562 In reply to Badtux.

The bond holders should have cut a deal, or the ECB should have fired up the presses. Destroying the economies of southern Europe isn’t going to be good for anyone.

Faith-based economics really sucks, and usually ends badly. Even voters in Germany have figured that out and are voting for anyone but Angie when an election comes up.

The concept of the Eurozone is coming under a lot of stress and could shatter if things don’t change quickly.

]]> By: Badtux https://whynow.dumka.us/2012/05/20/austerity-for-thee/comment-page-1/#comment-59558 Tue, 22 May 2012 02:33:42 +0000 http://whynow.dumka.us/?p=25397#comment-59558 Frau Merkel would be the perfect Republican if she were an American — grasping, greedy, hypocritical, and stupid. By stupid, I mean that the policies she’s pushing are *guaranteed* to make Greece, Italy, and Spain eventually default, leading to huge losses for German banks, the same banks firmly in her corner. But ideology for Merkel, as with today’s GOP, trumps reality. Any unpleasant facts that don’t match up with her ideology get discarded like rubbish.

– Badtux the Reality-based Penguin

]]>