andyt andyt:
I'm not sure it's as simple as you all make out. Just as within a country, a bailout can prevent greater damage to the economy than the bailout itself, so this is true on the international stage. Harper is all hot to trot for a trade agreement with Europe. Doesn't make much sense if there isn't a Europe left standing to trade with. But I certainly agree that just sending them money so they can continue to blow it isn't the answer. I'm not sure anybody really knows what the answer is, but reflexive austerity doesn't seem to be working out all that well either.
It's been working for us, and in all honesty we haven't been all the austere.