This has gone way beyond neo liberal dogma, way beyond the vane belief that austerity alone will solve everything, way beyond Einstein’s definition of stupidity, that is keep doing the same thing and expect it will yield different results. No, not even any of the worse of all that. This has now revealed itself as being nothing other than raw obsession, mixed with sadistic vindictiveness.
Spain’s unemployment, competing with Greece’s has gone up to over 27%. Rajoy, bending to his Master’s Voice (i.e. Wolfgang Schauble) insists that there must be more cuts to the economy. Equally, the dynamic duo Samaras/Stoutnaras, just as fearful of the wrath of The Schauble, vigorously nod their heads in agreement, and vow never to relax the stranglehold over the population and keep pouring more and more taxes on a destitute people whose children are going hungry.
Meanwhile The Schauble and The Frau, totally removed from reality smirk with pleasure at their power and raise Germany’s growth forecast for the current year from 0.4% to 0.5%, with 1.6% expected in 2014.
It slipped their mind that they are going the different way. But they are so happy with the obsequious toadyiing of everyone from the EU Commission to the PMs of the condemned states, that they cannot see further than their image in the mirror.