Practice Management

European Schadenfreude.

By Dan Hull

For a week or so, anyway. London's The Economist, America's tough but appreciative new Mom, ran this gem on October 1, which begins:

One by one, European leaders have lined up to hail the triumph of welfare over Wall Street. ?The idea that markets are always right was a mad idea,? declared the French president, Nicolas Sarkozy. America?s laissez-faire ideology, as practised during the subprime crisis, ?was as simplistic as it was dangerous,? chipped in Peer Steinbrück, the German finance minister.

And then Europe had a really bad week last week.

Full post as published by What About Clients? on October 13, 2008 (boomark / email).