This post takes us back in time to the old days, when people compared bad economic actors to vampires.
Various vampires are increasingly being seen throughout the European Union (EU). Germany says Greece is the vampire. Nay, says Greece, it is Germany who is the vampire. Vampires are troubling Spain’s banks, and Ireland is about to vote for or against the vampires.
The author goes on to have fun exploring some etymology, then returns to the economics:
This deep-seated fear of the vampire may have played a role in recent rejection of “austerity measures” in Greece. It is as if someone is sucking their blood! Indeed, a resurgence of vampire-awareness seems to be now pervasive in Europe. .
Europe is the subject, not the US. Perhaps a trans-Atlantic divide has opened up, with each region getting their own economic monster metaphor. Zombies vs vampires!
Or maybe Europe just hasn't burned out on vampires. Or managed to avoid the curse of Twilight.
(thanks to Jesse Walker)