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LeoMarr posted:could austeriry work if they cut some spending but left other spending unchanged or larger Reminder you are asking people who have literally no clue what they are talking about.
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Jul 15, 2015 23:29
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There's essentially no way to not Austere when your economy is a bubble like Greece's was. It's no different than housing prices needing to return to reality back in 08. Keynes works best on functional economies going through a rough patch, but Greece doesn't actually have a functioning economy. Basically the difference between putting gasoline in your engine vs. dumping it into a burning fire. tsa fucked around with this message at 23:52 on Jul 15, 2015 |
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Jul 15, 2015 23:49
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