Tuesday, June 9, 2009

Europe swings Right as depression deepens

Posted By: Ambrose Evans-Pritchard at Jun 8, 2009


It is not clear why a chunk of the blue-collar working base has swung almost overnight from Left to Right, but clearly we are seeing the delayed detonation of two political time-bombs: rising unemployment and the growth of immigrant enclaves that resist assimilation. Note that Right-wing incumbents in France (Sarkozy) and Italy (Berlusconi), survived the European elections unscathed. Full story

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