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Mugsy

(1,773 posts)
Thu May 3, 2012, 05:39 PM May 2012

Greeks say austerity is making things worse

After five years of economic austerity imposed upon Greece by the International Monetary Fund, the economy of Greece has only gotten worse, not better, and the people are on the brink of open revolt, ready to vote out the current leadership in upcoming elections.

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Greeks say austerity is making things worse (Original Post) Mugsy May 2012 OP
This is some scarey shit for sure. southernyankeebelle May 2012 #1
Of course asterity makes it worse. sulphurdunn May 2012 #2
The rich always think they can starve the poor into prosperity Warpy May 2012 #3
Every couple of weeks, they come up with a plan.... but the plans have jerseyjack May 2012 #4
LOL... nradisic May 2012 #5
duh. n/t iamthebandfanman May 2012 #6
anytime something is starved, it eventually dies. SemperEadem May 2012 #7

Warpy

(111,222 posts)
3. The rich always think they can starve the poor into prosperity
Thu May 3, 2012, 06:16 PM
May 2012

because the alternative, that they pay their own fair share, is unthinkable to them.

I hope there is a bloody revolution somewhere over this shit, there needs to be one to scare the rest of the world's rich into realizing they don't live in as much isolation as they think they do and that coughing it up is the best way to survive.

It is now inevitable that there will be one, somewhere, to remind them also of how horrible such things actually are for everyone.

 

jerseyjack

(1,361 posts)
4. Every couple of weeks, they come up with a plan.... but the plans have
Thu May 3, 2012, 07:53 PM
May 2012

been nothing more than kicking the can down the road. At some point in time, the can is going to reach the end of the road.

Who gets hurt? Not Goldman which was the cause of the problem.

Maybe the best solution for Greece would be that in effect by Iceland. "We ain't gonna pay."

SemperEadem

(8,053 posts)
7. anytime something is starved, it eventually dies.
Fri May 4, 2012, 09:38 AM
May 2012

austerity will only end up killing their economy. It will set up a downward slope to death that once momentum is achieved, it will be hard to stop it.

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