The Humble Libertarian

Building a small army to take over the world and... leave everybody alone.

Friday, April 6, 2012

Money Flees Greece, Spain and Portugal

Capital flight is very bad for a nation's economy.
I have already pointed out that the youth in Greece, Spain and Portugal are leaving their countries, as the interventionist governments in their native lands make it impossible for them to find jobs at home. Not surprisingly, money is also fleeing these countries.
Read the rest here
Economic Policy Journal