Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Locked thread
Badger of Basra
Jul 26, 2007

LeoMarr posted:

Okay but whats the end goal, How is it Supposed to fix the economy if it works? I knoe it doesnt, but I want to know what the people behind austerity claim to know.

It's supposed to increase investor confidence in the government, which will lead these people to invest in the country (Krugman's "confidence fairy").

Adbot
ADBOT LOVES YOU

Badger of Basra
Jul 26, 2007

LeoMarr posted:

but wont the country be in perpetual debt if they are following austerity

Congrats, you're smarter than anyone who works for the IMF, the ECB, or the German government.

  • Locked thread