Re: Eurozone will collapse...
If the Independent believes the extremely mild fiscal contraction taking place in the UK is in any way comparable with the vicious spending cuts being imposed on the Club Med Euro states, then it is economically illiterate. However, I am quite sure it is fully aware of what it is doing, namely using the vague word 'austerity' and assuming its readers are too stupid or too prejudiced to bother looking behind it to see what it actually means.
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