posted by leo
on Wed, 04/28/2010 - 23:47
With all the economic turmoil happening in Greece and other European countries, it's interesting that no one is thinking of the potential fallout on the political side of the ledger. If the Great Depression of the '30s has anything to teach, it's that awful economic conditions can have absolutely toxic political consequences.
How far we have fallen from the glory days of the Fall of Communism — mostly due to Greenspan/Rubin style laissez-faire economics.
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