Tuesday, August 23, 2011

The Economic Deterioration of Europe: It’s Not Like They Were Not Told

But It’s Not Like They Listened

Exactly three months ago the Dismal Political Economist wrote

The situation is Europe has been deteriorating, primarily as a result of what is almost criminally incorrect policy imposed on the weaker nations who have needed financial bailouts and the inability to bring together a diverse group of interest into a single, integrated policy and strategy.

The term we used to describe Europe was

Non-Fatal Suicide (def):  A set of actions, policy decisions, strategies and positions taken by a business, regulatory agency or government which are so self-destructive that they would cause the demise of a lesser organization, but only inflicts huge but non-fatal harm to an organization that is strong enough to withstand the self-destructive behavior

Can you hear us now, Europe?

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