Monday, May 07, 2012
Should be interesting
BBC is giving a quick rundown on likely consequences of yesterday's Euro elections.
"The markets" don't like the disorganized result in Greece, which normally would mean it's a good result for the people of Greece. This time may be different. Considering that Greece has been a Goldman dependency since last year, chaos may in fact be Goldman's predestined outcome. More chaos means more profit opportunity for speculators and less money for ordinary investors and ordinary people. Goldman's goal fulfilled.
France looks more like a definite improvement. BBC is focusing on Hollande's readiness to make life hard for rich people, which may cause some rich dickheads to leave. A good thing for France, but not really the main point.
Sarkozy was pushing to make France more like post-1980 America, pushing to eliminate French industrial policy and protections for workers. Terrible ideas. France was doing the right thing in this area; its protected workers are plenty productive. Sounds like Hollande will at least stop pushing Americanization. He's also trying to declare independence from Germany, which is definitely good. ¶ 2:50 AM
"The markets" don't like the disorganized result in Greece, which normally would mean it's a good result for the people of Greece. This time may be different. Considering that Greece has been a Goldman dependency since last year, chaos may in fact be Goldman's predestined outcome. More chaos means more profit opportunity for speculators and less money for ordinary investors and ordinary people. Goldman's goal fulfilled.
France looks more like a definite improvement. BBC is focusing on Hollande's readiness to make life hard for rich people, which may cause some rich dickheads to leave. A good thing for France, but not really the main point.
Sarkozy was pushing to make France more like post-1980 America, pushing to eliminate French industrial policy and protections for workers. Terrible ideas. France was doing the right thing in this area; its protected workers are plenty productive. Sounds like Hollande will at least stop pushing Americanization. He's also trying to declare independence from Germany, which is definitely good. ¶ 2:50 AM
