Saturday, April 10, 2004

Posted here Saturday, April 10, 2004 at 10:14:29 AM     Technology and markets are leading to productivity which is confined to a wealth owning minority, untaxable and not employing people. This says that the combiantion is undermining the whole of society EU: The Politics of Deficits http://www.stratfor.com/corporate/static_index.neo Apr 09, 2004 Half the eurozone's 12 countries likely will breach EU fiscal deficit limits this year, according to the European Commission. Rebukes over deficits have not prevented Paris from pledging to launch new spending initiatives or Rome from promising tax cuts. The French and Italian situations illuminate Europe's problem in microcosm and demonstrate how domestic politics will continue to trump EU-wide financial concerns ********