19 August, 2011

Culpability

Stockmarkets fell through the floor yesterday and are looking weak again today. Much of the blame for this, and the resulting loss of savings, diminishing of pensions and difficulty for companies funding themselves must lie at the feet of Nicolas Sarkozy and Angela Merkel, whose silence on Tuesday was the clearest possible indication that they are trapped in the politics of the euro and unable to offer the slightest clue as to solving the economic issues which threaten to strangle Europe.

Elections are for 2012 and 2013 in these countries and it is to be hoped that electors who have lost money due to this duo's lack of understanding of markets and terminal indifference to anything but politics will remember and cast their vote accordingly.

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