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DIMAR is a bubble. I agree. But if there are elections soon, it will be a bubble that will have secured political clout. This will preserve it and transform it - maybe. I'm not sure. In Argentina the local PASOK created its own left offshoots and helped society. I think that the current PASOK is even more deeply corrupt than the Peronists, if one could imagine that. Should some of the not-so-obviously-corrupt cadres start their own party, perhaps they might preserve the party. Perhaps. The road of excess leads to the palace of wisdom - William Blake
Part of the point is that alternative political parties need to be part of a patronage network or they will be a bubble. After one or two election cycles they will fizzle out and whatever's left of the old PASOK network will pick up where PASOK left off in 2009. tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
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