Sorry Ernie - you appear to be under the misapprehension that the "neo-liberal free marketeers" thought we should piss billions and billions up the wall propping up basket case national economies like Greece.
You're a boy ain't ya Zulu-Eleven !
No mate ...... I very clearly understand that it was the New Democracy Party in Greece with their "Liberal Conservatism", that got the Greeks in this mess. And the "billions and billions" being pissed up the wall now is to prop up the French and German banks that have caught a cold - not to help the Greek people who are being hammered.
But wait it gets better ......
here's my supposed guru saying that greece was headed down the toilet before the Election
So when Greece found itself in the shit your man Dan Hannan predicted that Greece would be in the shit?! The man's a **** genius !
Yes, Greece has gone from bad to worse. And the reason why ? Well that's very very easy.......because despite the lies spouted by you and your neo-con Tory Boys, "austerity" doesn't work ! In fact it makes things much much worse - as the Irish have also found out to their cost. If austerity did work, then the Greek economy would have started recovering some time ago. As it stands, it's just set to get immeasurably worse, and Greece will almost certainly default.
But let's concentrate on Dan Hannan's brilliant analytical mind.......let's remind ourselves what he said about the Icelandic economy shall we ?
Dan Hannan said, quote :
"Being outside the EU, Iceland has been able to cut taxes and regulation, and to open up its economy. For 70 years the Althing has been dominated by the splendidly named Independence party, which has pursued the kind of Thatcherite agenda that is off limits to EU members
In the ten years that I have been travelling to Iceland, I have watched an economic miracle unfold there ... Today, Icelanders are absolutely rolling in it. A people two generations away from subsistence farming have become international tycoons
Icelanders understand that there is a connection between living in an independent state and living independently from the state. They have no more desire to submit to international than to national regulation. That attitude has made them the happiest, freest and wealthiest people on earth".
A few months later Iceland's banks crashed and the country was left bankrupt, owing British taxpayers £billions. What an insight this guru of yours Dan Hannan has Zulu-Eleven ...... what a genius !
And, heres the bloke you voted for - yep, your beloved party, that you voted to be in government
You just can't help yourself, can you .....lying is just a way of life for you isn't it Zulu-Eleven ?
I know that you read my posts with almost religious fervour, so you are fully aware how much I intensely dislike Nick Clegg, but that doesn't stop from pretending that I support him.......it's all part of the "funny" little game you like to play - gawd bless yer
Mr Woppit - Member
... and how would the economics of a "Social Democracy" work?
I would suggest that you read up on John Maynard Keynes if you're really interested. And yes, it is without doubt the most workable form of capitalism. Within the constraints of the irreconcilability of the contradictions of capitalism of course - it's simply a damage limitation exercise which significantly reduces the problems but doesn't solve the fundamental issues/failures.