February 27, 2015

NEO IS THE ONLY LIBERALISM EXTANT:

Unlikely Winners of Greece's Surrender (Mark Gilbert, 2/26/15, Bloomberg View)

The Greek government's apparent capitulation in debt negotiations with its euro partners makes it less likely that Athens will be forced out of the common currency. The real winners, though, are the European governments who have stuck with spending cuts in the face of mounting domestic opposition. They don't have to worry about a successful austerity renegade giving ammunition to their opponents.

Posted by at February 27, 2015 4:56 PM
  

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