[Marxism] France and Greece reject austerity

En Passant with John Passant en.passant at bigpond.com
Tue May 8 06:06:39 MDT 2012


Terror struck the financial markets on Monday, writes Tim Arnot in Socialist Alternative. The Greek stock exchange plunged 8 percent. French stock markets fell by 1.5 percent. The Euro fell to a three-month low. This had ripple effects across the globe, with Japan's Nikkei falling 3 percent and the ASX down 1.5 percent. 

What was the cause for such a crisis on the stock market? 

Democracy.

See more at:

http://enpassant.com.au/2012/05/08/france-and-greece-reject-austerity/  


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