European Bailout’s Scapegoats and the Future

by Chidem Kurdas Before the near-trillion-dollar bailout package for financially shaky euro-zone governments was announced, French president Nicolas Sarkozy hauled out the financial whipping boys yet again. He promised to “confront speculators mercilessly.” They would soon “know once and for all what lies in store for them,” he said. Presumably he meant that those betting on … Continue reading European Bailout’s Scapegoats and the Future