Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Agonized soul-searching from the Austerians.

"According to our models, austerity combined with the first feeble aid package should have provoked instant economic growth and a burgeoning tax take, filling the budget deficit and opening the path to growth-led prosperity. Instead, it provoked massive economic shrinkage and near-default. What went wrong? Did we slip a decimal place somewhere?"

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Fri Jul 22nd, 2011 at 05:19:01 AM EST

Others have rated this comment as follows:


Occasional Series