Thursday, March 08, 2012

On Your Bike Sir!

What message are the spin-doctors in the Hague trying to send as we keep seeing Prime Minister Rutte cycling to and from the Netherlands crisis budget talks? More billions are coming off next years budget and I wonder if it is hasn't already gone into catastrophic decline. How do pictures like this inspire confidence from foreign investors or the ratings agencies? Will this country get downgraded like France. It wouldn't surprise me. The figures this morning from the Government Central Statistics Bureau show a major difference between consumer confidence in this country and elsewhere. Having just been down to the financial district of Amsterdam this morning, I was amazed to see building work still going on. More empty office space. Madness!

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