Foucaulf
Jr. Member
Posts: 1,050
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« on: July 29, 2011, 11:06:47 AM » |
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I don't think this is a good move, but it's not a bad move either. Hashemite covered why it's not a good move, but it's not a bad move because it's minimizing risk. Every extra day Spain hangs around in the Eurozone is an increase in probability for a crisis of some sort. As some creditors intend on making a debt meltdown a self-fulfilling prophecy, who knows what the fiscal condition of Spain will be by early 2012?
Statistics filler: If the PSOE is kicked into opposition this election, there will definitely be 3.5 left-wing governments in Europe: Cyprus, Greece, Slovenia and Austria (the .5). A left-wing victory in Denmark would make that 4.5.
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