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In the discussion thread: Greek leaders agree bulk of austerity cuts - source [View all]

Sun Jul 29, 2012, 07:48 AM

2. Austerity to Prosperity?

Two juxtaposed ideas cannot work in concert. If Spain destroys demand through austerity, than how does Spain create demand to spur their economy? Austerity will do 2 things: Make the rich, richer and Make the poor, poorer. The rich can only buy so many yachts and car elevators...

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10 replies	Author	Time	Post
Greek leaders agree bulk of austerity cuts - source [View all]	dipsydoodle	Jul 2012	OP
I understand they need the bailout..	DCBob	Jul 2012	#1
Helping matters is nowhere on the agenda. We're dealing with gangsters. n/t	Egalitarian Thug	Jul 2012	#4
Austerity to Prosperity?	McLandyn	Jul 2012	#2
This article is actually about Greece..	DCBob	Jul 2012	#3
This is what happens when no one wants to give you credit.	dkf	Jul 2012	#5
And the Greek people? What do they think? Oh yeah, never mind. nt	Javaman	Jul 2012	#6
Lenders impatient? Have them take two cents on the dollar for full payment	mbperrin	Jul 2012	#7
I'm surprised the citizens who are losing their pensions don't bring a law suit against	fasttense	Jul 2012	#8
The size of their public sector	dipsydoodle	Jul 2012	#9
The problem is tax collection,	vinny9698	Jul 2012	#10

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