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Politics

The tide is turning across Europe - is this the end of austerity?

28 replies

breadandbutterfly · 06/05/2012 21:14

Hollande has won, change is afoot in Grece, Labour has wiped the floor with the Tories.

Is this the end of austerity? Can Germany/the bankers really keep demanding the dominance of the 1% in the face of the electoral might of the 99%? The 1% can cook the books al they like between elections - but the problem with democracy is that even when you strike up deals with the media magnates - or they are the same person, as with Berlusconi - sometimes those pesky plebs just won't vote the way they're told. Grin

Now, the markets could bring down Greece. But France is another matter. The markets don't really wish to bring down all of Europe, surely, or where will they live in their nice penthouses and chateaux? Obviously, they are not bothered about what happens in Greece, far away from their backyard. But France?

We live in changing times.

Any thoughts?

OP posts:
legoballoon · 06/05/2012 21:29

It's enough to make you move to France...

breadandbutterfly · 06/05/2012 21:22

Quite - not been many good news days recently, but this was certainly one of them.

Bravo to the French! Always did have the courage to chuck out their rubbish leaders properly. :)

Nice to see that Hollande is planning proper left-wing policies that would have Murdoch frothing at the mouth -

"The socialist candidate has promised to raise taxes on big corporations and people earning more than 1m euros a year.

He wants to raise the minimum wage, hire 60,000 more teachers and lower the retirement age from 62 to 60 for some workers. "

OP posts:
legoballoon · 06/05/2012 21:18

Hopefully the end of more austerity for those who have always had fairly austere lives, and the start of paying a fairer share for those who've enjoyed more privileged lives. Must admit to smiling when I read the news that Hollande had beaten Sarko. Smile

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