Sunday, October 21, 2012

The desperation of Europe's wage austerians

It seems too ridiculous to be true but here at the margins of the EU Summit, European leaders are actually claiming that their strategy is working: never mind the fact that the European economy is back in recession and that unemployment is skyrocketing, the recovery of export dynamics in some member states is seen as a measure of great success by our 'very serious leaders'.


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guardian