Tuesday, April 24, 2012

Thom Hartmann: The blowback against Austerity rages throughout Europe


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The continental rejection of austerity continues in Europe. In the Netherlands - the Dutch government coalition collapsed on Monday - after lawmakers failed to agree upon a series of austerity measures. And in Ireland - the nation's largest trade unions are pressuring the government to vote against more austerity measures being pushed by Germany.
 
These latest protests - coupled with the early electoral defeat of French President Nicholas Sarkozy, demonstrations against austerity in the Czech Republic, and growing unrest in places like Greece, Italy, and Spain, where austerity is in full-effect - show that Europe is fed up with forced budget cuts.
 
Stay tuned - the backlash against austerity could be severe.
 
-Thom
 
(Where do you think it will lead? Tell us here.)

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