>>>And obvously, wrong is whatever is not right enough:
>>>
>>>
http://www.telegraph.co.uk/finance/economics/11949701/AEP-Eurozone-crosses-Rubicon-as-Portugals-anti-euro-Left-banned-from-power.html>>
>>According to the article, Portugal is in worse fiscal shape than Greece. If so there will likely be a Greek-style crisis at some point and Merkel and the German taxpayers will be asked to bail them out.
>>
>>If the elected majority government is recognized, the crisis happens now. Not recognizing it may buy some time. I suspect Germany and the rest of the EU already has serious donor fatigue; will extra time affect that, and subsequent negotiations?
>>
>>The article claims "Mr Cavaco Silva is effectively using his office to impose a reactionary ideological agenda, in the interests of creditors and the EMU establishment, and dressing it up with remarkable Chutzpah as a defence of democracy." My take is it's more
realpolitik than ideology.
>
>So how is this democracy?
It is democracy, albeit underdeveloped. In developed 'democracies' no matter who wins elections
policy remains the same. In this case continuation of the same policy (shut up & bleed) cannot be guaranteed so there you go;
Democracy can be suspended temporarily. Under excuse of preserving it I guess.
Me think; amid these refugee crises in Europe, nobody has time and energy (let alone money) for another Greek drama in Portugal,
so some people in Portugal were probably warned to comply or else... No Greek drama (with ambiguous end) for them, but more likely
Dante's kind of stuff coming their way.
This is time of giant motions globally, few dead democracies/economies here and there makes no difference.