Friday September 18, 2020

The euro's contradiction lies exposed by economic chaos

Since the rest of Europe can't become as productive as the Germans, periodic defaults are inevitable, writes David McWilliams

6th November, 2011
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What is happening in Europe? Greek prime minister Georgios Papandreou was hauled over the coals for suggesting that the Greek people might want to be consulted on their own future. Let's consider this. Why should a referendum threaten anyone? Indeed, why should democracy threaten anyone? Or maybe the other way to ask this question is: who is threatened by democracy?

Maybe those who are trying to foist something on the population that the population does...

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