Eighty years ago, in your country, the two hundred families of the Bank of France pursued a policy of economic terrorism. Whenever there was even an idea of a government of the left, all capital would come pouring across the borders and out of the country. A right-wing government was needed, of course; how could there possibly be economic confidence if the evil left were in charge?
I suspect that in 1934 you would have supported Gaston Doumergue's government as the sane option.
1. I don't support Papademos, I prefer him to a populist authoritarian nutjob.
2. The problem comes from the ability of unregulated markets to influence governments, for which action needs to be taken and hopefully will soon. Until this point, there is little national governments can do to counter this influence, and thus doing as they wish is probably the less worst option. Which, again, doesn't mean it's good.
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