Grexit: Germany Boots Greece from Euro… Tournament - Income Investing - Barrons.com
It's the old story of socialism (and unions) vs. capitalism.
Here in Portugal, one hears "growth" denominated in more infrastructure projects favored by Hollande (FR), while taxes keep going up (or, since they are already so up, then not 'down'), and small businesses keep closing.
Longer term, more borrowing while bread and butter jobs disappear just doesn't seem like a growth strategy.
Eventually sustainable businesses that can provide long-term meaningful employment have to be created. Taxes need to come down so incentives for entrepreneurs can go up. This seems to be furthest from these European growth champions thoughts.
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