Sunday, 6 May 2012

France, Greece and Fife

There's an old adage that says when you are in a hole, stop digging. Similarly, when in debt, stop borrowing. That message has not got through to the voters of France and Greece. They have, fairly predictably, voted against austerity. In the same way, the voters in Fife have punished the previous SNP/Libdem coalition for council cuts by swinging to Labour - the party of spend. Never mind where the money is going to come from. It just goes to show that, although democracy is probably the best political system we have, voters will ultimately vote in their own self-interest, which is not necessarily the country's interest. Looks like the Eurozone is in for some stormy times.

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