Europe's single-minded focus on austerity is a result of a misdiagnosis of its problems; and the fact that so many economies are vulnerable to natural disasters only makes the man-made disaster of austerity all the more tragic. Accordingly, the pain that Europe, especially its poor and young, is suffering as a result of its leaders' willful ignorance of the lessons of the past is entirely unnecessary.
Vea:
http://www.economywatch.com/economy-business-and-finance-news/europes-man-made-disaster-an-austerity-tragedy.09-05.html
Rolando Emmanuelli Jiménez, J.D., LL. M
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