Olli Rehn is still using that faulty study as a basis, same one that "justifies" EU as whole being sold to banks (it claimed that 90% debt rate slows down economy, which is not true). And no doubt, now that it's proven to be faulty, they still use that since news agencies are not reporting the truth. Privatization and austerity will only help the very rich, it has zero to do with debt.. The stuff that's being sold, is going to be sold for pennies.

The most stupid thing about EU financial crisis is that all of those countries owe to each other, ie Italy owes to Spain and Spain owes to Italy. And funnier still: all the countries in EU that has long record of democratic socialism, ie nordic countries, are doing the best. The places where privatization hasn't accelerated are doing the best in all criterias..

*quality

Boosting this quality contribution up in the Hot Listing - declared quality by kulpims.

Ridiculous.

Right-of-centre countries are in financial trouble, the far left cruises happily along, economies ticking away vigorously. What's the problem? Oh the lefties of course, they're the enemies of free-market economy, therefore any problems with free-market economies must be their fault, reality be damned.

The theory of rightist open, unfettered and untaxed (or barely taxed) markets doesn't work in reality.

So, obviously reality is wrong.

Dumb, dumb, dumb.