Europe Simulator (Photo credit: wigu)

This is a brilliant, MUST READ article by

Countries using the Euro de jure Countries and territories using the Euro de facto Countries in the EU not using the Euro (Photo credit: Wikipedia)

Vicente Navarro’, published in the Social Europe Journal.

via Why The European Commission Is Wrong: The Case Of Spain.

Personally, I empathize with most of Vicente Navarro’s argument. The conclusion which I cite below is deeply disturbing:

What we are witnessing in Europe is the control of the institutions of governance (Commission and ECB) by economists of neoliberal persuasion (close to the Tea Party in  mentality) that are achieving what they want: i.e., to weaken labor.

Any thoughts?

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