Monday 7 November 2011
It's a knockout; Italy vs Greece
What level do they have to reach to force Berlusconi to resign? I think 7% but can anyone show me a decent price on this? He has to reach a vote on the 9th November so I guess he may hang on to this on the other hand
Meanwhile, Greece is also looking for a new Prime Minister to do the decent thing and roll over for Merkel and Sarkozy. All without the people having their say. In the long-term, the politco's are going to really regret the way things are working currently. With little legitimacy for events that are more economically damaging than wars, they are not going to avoid massive social unrest. All those calling for politicians to do their jobs are underestimating the gravity of the situation. Also, unlike in say WWII, the people have been lied to for a long-time and so are neither amenable nor acquiescent to the decisions being made of 'their' behalf.
Nice start to another exciting week...