All it would take in the short term is for a bond’s issue not to be fully subscribed to or for a short-fall or default on one bonds repayment for the ripple effect that devastated Greece and other neighbouring countries to take effect.

Then, from one day to the other, where will all benefits come from, hospital services and payments “tal-gvern?”

Bonds, their investment and repayments are crucial to the economy and healthy functioning of a country.

Malta has approximately 5 billion euro worth of bonds invested.

All it takes is one default to mess up the whole of the carefully laid investments and plans.

All it takes is not enough investor confidence in the government and its economic policies, to set this in motion.

There is a school of thought in contemporary economic theory which says that the current two-speed Europe is roughly split along the lines of the Holy Roman Empire.

In any case, beware ideology. Beware myths.

This is precisely why Malta scares me. Our whole vision of ourselves since 1964 has been a myth.

Vide the Mintoff story. Where myths flourish, so do political blunders.

The Socialists in the Catholic South (Italy, Spain, France) have milked this mythology for all it’s worth. They saved Europe from Nazism and Fascism. They saved the working class from oppression.

They alone brought freedom, human rights and social progress. They were always right. Even when they lose elections. They win because they are right, and when they lose they are still right.

Sounds familiar? It is. That’s Labour’s mantra right there.

I love Socialists as long as they’re east of the Rhine and north of the Alps.

You are right , for some strange reason the Catholic south tends to be more corrupt or inept .

Malta does not feature in the top list of 20 jobless countries in 2012.

2013 will being the Laburisti in the scene with their old-style-real-socialism policies and we will be the top of this list by next year. Yes, we’re in for a big ride into the unknown.

He’s in favour of pushing back illegal immigrants – that should more than make him more popular with the kind-hearted, helpful and generous Maltese nation.

The message was referring to voting, but the picture implied ‘making love for the first time’. I don’t have that postcard any more.

The “one simple strategic mistake” has already been made, so your prediction is already fact.
The 600 million power station pledge is big enough too send our economy spiraling downwards – and so will Moody’s et al, ratings.
People seem to have all kinds of time entertaining themselves but for some reason cannot take time to reflect what can follow after a Labour win.
It doesn’t take that long, ‘switchers’ and ‘floaters’ to realize the mistake of voting Labour in. Don’t forget that 5 years is a long time especially if your children are set to start their education, or seeking higher goals at university. Receiving a stipend beats having to borrow to cover university or college costs!
If you think that electricity bills are high now, wait until they get worse by at least 5% and the prices of oil and gas keep going up!
But, in Labour supporters’ minds, promising a ‘job’ for those leaving school at 16, is such a cool idea!
Vote Labour – vote for high unemployment, inferior education, introduction of fees for health services (Scicluna’s own words about sustainability) and reduced government services. Vote Labour – vote for incompetence, failed policies from the Mintoffian era and, unfortunately you will be voting for the authors of institutionalized corruption.

More than cool – Labour will put jobs ‘on ice’.

Plenty of countries run by Socialists have done well. They’re the Nordics. But then they never were ideological. That’s the whole point. It’s about brains, not beliefs.