Eugene David
...The One-Minute Pundit

Friday, July 01, 2011

Greece’s austerity plan looks doomed to fail. It does too little to prevent the epic folly of Greece’s railways and other ruinous schemes. It will screw down too hard on ordinary Greeks, with new taxes, spending cuts and a rushed privatisation scheme. And it will almost certainly condemn Greece to recession, strife and an eventual debt default.

DOW 900 GIGAMEGAHEXA...oh, never mind.

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