Tuesday, August 28, 2012

Adapting to Euro Crisis




According to Spiegel.de, Europeans are looking at smaller packages.
Realism is the name of the game and some, such as the multinational consumer goods giant Unilever, have begun to adjust.

"Poverty is returning to Europe," Jan Zijderveld, Unilever's top manager in Europe, told the Financial Times Deutschland on Monday.

As a result, the company has begun offering smaller, less expensive packages so as not to put too great a strain on increasingly limited budgets.
Heh, poverty is returning. And big government socialism gets the blame since empirical evidence shows socialism usually leads to poverty. Granted, it's equally-distributed poverty but poverty nonetheless.

Sadly, there are cadres of policy-makers who believe that socialism leads to utopia. Of course, the policy-makers usually prosper while the masses typically suffer.

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