EdwardBaiamonte
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- Nov 23, 2011
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- #21
Have we seen austerity work yet?
too goofy. You act like there is clear austerity somewhere and
non austerity somewhere??
What we know is the when South America, for example, devalues a lot their economies go bankrupt in recessions and depressions. And when they have balanced budgets they have steady economic growth. Instead of liberal chaos they have stable conservative growth.
Inflation, recessions, depressions, devaluations, and general liberal irresponsibility can not help. The very idea is past absurd!!
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