Banks and elites will wring their hands. How can those Italians just stick a thumb in our eyes, they’ll say. Well, because real people don’t like austerity — especially when it’s imposed by the very people who made a mess of the economy.
Posted on 25 February 2013.
Banks and elites will wring their hands. How can those Italians just stick a thumb in our eyes, they’ll say. Well, because real people don’t like austerity — especially when it’s imposed by the very people who made a mess of the economy.
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Posted on 10 November 2011.
If you needed anymore evidence that the bond market is more powerful than any moral or ethical canon, just check out the fortunes of Silvio Berlusconi. He skates charges of corruption and bribery of judges dating back to 1994, dodges charges (so far) that he slept with underaged women (his wife called him "the […]
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