Dec 2, 2011

En qué terminará todo esto de Europa

No puedo creer que desaparezca el euro. Porque aún saliendo del euro, sin las reformas de fondo para gastar menos y tener economías más productivas, en unos años más vuelven a estar en la misma:

Again, the Europeans loved to lecture Americans on how government-run health-care and cradle-to-grave entitlements provided such safety and comfort for the masses. People supposedly didn’t mind paying higher taxes because it enhanced their standard of living.

Until, of course, it didn’t enhance anything — and Greece, Italy, Spain and Portugal face the collapse of their safety nets because they can’t borrow to pay for them anymore, even as unemployment is rampant. (Meanwhile, France is not far behind.)


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