Cameron tells Greece: buy into austerity or get out of the eurozone
Submitted by Neil G on Tue, 22/05/2012 - 11:45
Growth is bad because it's unsustainable, but so is being held to ransom by bankers and multinational organisations. So let's see if the Greeks can reassert their independence or be cajoled into accepting the EU diktat. You see if you open up your markets (both trade and labour), you may temporarily boost consumption and lower prices, but your traditional manufacturing, farming and fishing sectors are unable to compete requiring ever greater state intervention and social engineering. Globalisation has failed. Admit it.