07 June 2011

Pouring petrol on the fire

It is hardly surprising that the IMF is prepared to back Slasher Osborne's misbegotten economic strategy. For their own favourite method of dealing with countries in financial trouble is to insist on massive cuts in public spending and extensive privatisation. The fact that such a prescription only seems to make matters worse is consistently ignored.

And don't imagine that putting the synchronised swimmer in charge will make any difference ...

No comments: