Monday, April 30, 2012

The Netherlands Grapples with Insolvency

Paul Stragas, Greek journalist, is laughing at the downfall of the Dutch coalition government, which failed to create and pass a compromise annual budget of austerity and reality.

The Greeks have no right to laugh. They have received massive bailout for the past two years, with nothing but procrastination and profligation to show for their stalling efforts.
Changes in national governments over the looming Eurozone debt crisis are no laughing matter. In truth, the Dutch people have demonstrated a more consistent capacity to budget and cut unneeded and overdrawn expenses than her Meditteranean partners. It is shameful that those failing states have spent more time laughing and detracting member states, whichshouldering similar problems more adeptly, rather than rolling up their fiscal sleeves and tackling the cradle-to-grave entitlement spending. This fiscal crisis has discredited socialist democracy in Europe, yet at least the northern countries are tackling the financial problems which threaten their future fiscal stability.

If the voters of the European Union, including the most weakened member in the Aegean, insist on electing leaders with a penchant toward paternalism instead of stern maturity, then either the Euro must fail, or the business and finance sectors of Europe will stall for an indeterminate period, regressively frustrating any recovery, and perhaps rendering Germany, once considered too big for Europe, too small for the world, as forever too pressured to ressurrect a currency and a common market of participants who cheated their way in and will inevitably force themselves out.


  1. Hello, i think that i saw you visited my blog thus i came to “return the favor”.

    I'm trying to find things to enhance my site!I suppose its ok to use a few of your ideas!!
    Look at my weblog last minute vakantie nederland

  2. Even so, this trend can also be changing to accommodate changing economic conditions, and increased competition Sanora Sodano having an internet
    banking account will likely improve your odds of being capable to obtain a loan.

  3. Thank you for the good writeup. It in fact was a
    amusement account it. Look advanced to far added agreeable from
    you! However, how can we communicate?

  4. Great post. I was checking constantly this blog and I'm impressed!
    Very useful information particularly the last part :) I care for such info a lot.
    I was looking for this certain info for a very long time.
    Thank you and good luck.

  5. An intriguing discussion is worth comment. There's no doubt that
    that you need to publish more about this subject matter, it
    may not be a taboo matter but generally folks don't speak about these
    issues. To the next! All the best!!