Sunday, 3 June 2012
Can Spain be saved?
The markets have been in control of governments and major democratic institutions that are supposed to withstand attacks from any non democratic factors. But this is not the case with the money markets as they are clearly in control of everything and everyone. It is absurd that at a time of major financial turbulence the markets are increasing the rate of interest imposed on Spanish and Greek government loans creating further instability. What the hell are we doing electing politicians who are incapable of understanding how the real world works and are totally unable or unwilling to take on the markets?