Against the backcloth of major failings by banks plus the reckless spending of socialism and the few diversions to this by allegedly right of centre parties there is one factor seldom stated by the media. The euro must take the lion's share of the blame.
The leftist effect was always going to kick in at some point and the banking fiasco was also predictable to a degree.
In fact, both are just different sides of the same coin ~ they both misuse monies in a way that could not be attempted in any household.
The catalyst, naturally enough, has been the thrice cursed euro which would have acted as a dragdown to economies even without the aforementioned backcloth.
This surely must mean that UKIP's economists are many degrees superior to those used by governments!
Meanwhile, Spain is teetering on the edge of a financial abyss.
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