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In my reading, DSK's claim means that Papandreou saw that Greece's finances are unsustainable, and being beholden to neoliberal thinking, saw neolib 'reforms' as the only possible solution – and thought that he can put them into practice without too much poll number damage if it is seen by the population as IMF dictate. However, I can't think of a single government, especially left-wing, that executed a shock therapy under IMF command and survived it electorally. Then again, believing otherwise would be par for the course for our totally self-defeating centre-left.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Thu May 5th, 2011 at 05:08:44 AM EST
Maybe we can start calling the Social Democrats center-right by virtue of their economic policies, and given that the EPP is actually extreme-right.

Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Thu May 5th, 2011 at 05:49:46 AM EST
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