Sunday, 5 February 2012

European Crisis

For those friends who are not versed in economic analysis, here is an excellent summary of the European crisis from Stratfor. Friends will note that the "German dilemma" described in this piece neatly sums up the internal contradictions (the implicit antagonism) of the wage relation and therefore of capitalism as we have enucleated them on this site to date. Cheers.

http://www.businessspectator.com.au/bs.nsf/Article/euro-debt-crisis-Greece-Merkel-austerity-default-pd20120201-R32D7?OpenDocument&src=rot

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