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Showing posts from February, 2019

The Death of the PSD

The text below was initially written as a response to an email. I was asked whether a newcomer to Romania could manage life here given the ongoing political and economic downturn.

Let's make one thing clear. What is happening in Romania now stems from decades of unchecked corruption and the mass embezzlement of state funds orchestrated by an organized crime syndicate. The PSD is by far the main culprit in the scheme, but Romania's political and bureaucratic class at large have consistently played a role.

This would be a very pessimistic post if it weren't for the fact that "the owner has noticed".

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There is a significant chance the PSD will just disappear some day. Maybe not with the next election cycle in 2020, but I'd be surprised if they continue to exist, or to field any candidates, after 2025. If it isn't a sudden defeat (a black swan event), they will die the slow death of irrelevance, as…