Synoia — Saving Europe with MMT, or as goes Europe, goes the World...

Mike Norman Economics 2014-06-02

The votes in Europe were protest votes by the people, for parties who do not embrace the “neo-liberal” consensus. In the current political climate, this may have often devolved into a vote for the neo-fascist parties, but it is not an indication that people are accepting fascism. What they are doing is DEMANDING an alternative. The mainstream parties need to learn the lesson quickly, because there will be an accounting if they don't. Note that any country which does not control its currency is not sovereign. It is depending on some other entity for its medium of exchange. This is frequently unwise, and is always an indication of subjection and dependence.
Daily Kos Saving Europe with MMT, or as goes Europe, goes the World... Synoia