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Sunday, 13 November 2011

Bankers Decide an Economist Should Rule Italy

"Mr Napolitano is expected to formally ask Mr Monti or another candidate to form a government of technocrats.

Mr Monti, a well respected economist, is exactly the sort of man that the money markets would like to see take charge at this time of crisis...." (BBC News)

Mario. Monti is a "Lifetime Senator". Which, as far as I can make out is the Italian equivalent of a Life Peer. Which is worrying me as it suggests that, if the crisis in the UK's music industry continues, the Queen could appoint Andrew Lloyd-Webber as Prime minister.

Private bankers brought us the Credit Crunch. European economists helped fudge the rules to bring us the Euro. Which country's Prime Minister will be decided by the "money markets" rather than the electorate next? Democracy's a delicate flower. It's scary to watch it wilting.

1 comment:

  1. Nicholas Naseem Taleb for PM. At least Taleb sees through the ruses of economists.

    ReplyDelete

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