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This is common knowledge in Greece, but apparently a man who gets to decide on the survival of the Greek economy and issues warnings and threats, while chiding the locals for imagined shortcomings, does not need to actually have any idea about the economy he is helping destroy...
He doesn't seem to have much of an idea about Germany either, where a 13th month payment is standard....
by gk (g k quattro due due sette "at" gmail.com) on Wed Jun 6th, 2012 at 03:27:58 PM EST
As it is in France.

Where, incidentally, Lagarde was not long ago Finance Minister in a government that reduced taxes on the rich and regularly used as scare propaganda their threats to go and live in Switzerland.

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Jun 6th, 2012 at 04:23:20 PM EST
[ Parent ]
There is this thing called "borders". The argument of "the rich are going away to somewhere else, so we have to capitulate" will someday find a politician that will use the "border" argument quite persuasively. I doubt it will be a good kind of politician, but it seems that we have to go there before the current problems are to be addressed.
by cagatacos on Wed Jun 6th, 2012 at 07:28:15 PM EST
[ Parent ]

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