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View Diary: The failure of Austerity (144 comments)

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  •  But they are not adopting austerity (0+ / 0-)

    measures because they don't need to, they have balanced their budgets since way back. Sweden for example learnt the hard way that you cannot run endless deficits.

    Conservatism = greed, hate, fear and ignorance

    by Joe B on Sun Dec 18, 2011 at 11:53:51 AM PST

    [ Parent ]

    •  They haven't balanced their budgets (0+ / 0-)

      Germany was the first country to blow through Maastricht caps on budget deficits.

      There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

      by upstate NY on Sun Dec 18, 2011 at 01:09:16 PM PST

      [ Parent ]

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