If Sarko was driving a nice car towards a cliff, Holland will only do it faster. Otherwise, same outcome, and the Socios will blame all setbacks on the previous president. Holland will remain faultless.
"I applaud the French in electing a leader who will drive prosperity out the door, hike taxes to 75%, increase the gov't, inflate the debt to astronomical levels. Well done France!"
Maybe he can sell them Socialist Motors before this happens? Hmm... Chevrolet is basically a French name isn't it?...Présentation de la nouvelle Chevrolet Volt! Or would it become the Chevrolet Tension d'électricité? Voltage?
European voters are going to screw the rest of the world in a doomed attempt to defy all math and macroeconomic logic and and save their entitlement programs.
The US is the only western country on my list that hasn't started serious austerity or reform programs.
And if you look at the trade deficit, the next blow is in the making. And it doesn't make a difference who leads this desaster - Obama or Romney.
On December 17th, the markets will react and the US, as the last western country, will enter the austerity phase. 2 trillion dollars a year are needed.