Europe clings to scorched-earth ideology as depression deepens

Like the generals of the First World War, Europe’s leaders seem determined to send wave after wave of their youth into the barbed wire of tight money, bank deleveraging, and fiscal austerity a l’outrance.

…..

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9733486/Europe-clings-to-scorched-earth-ideology-as-depression-deepens.html

Lots of comments(over 800), wonder why, hardly sounds like news.

h/t http://www.lucianne.com/thread/?artnum=715076

Elsewhere in today’s Telegraph!:

European Union receives Nobel Peace Prize

http://www.telegraph.co.uk/news/worldnews/europe/eu/9734913/European-Union-receives-Nobel-Peace-Prize.html

Only 20 comments so far, First article came out yesterday, this one’s fresh.

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This entry was posted in Depression, EU, Euro, Nobel Peace Prize. Bookmark the permalink.

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