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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