Jump to content
House Price Crash Forum

Best explanation of what's really behind austerity.

Recommended Posts

  • Replies 54
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

On the wider Austerity question - the Beeb again

Argentina is in the middle of a pro-market economic reform programme, as Mr Macri seeks to reverse years of protectionism and high government spending under his predecessor, Cristina Fernandez de Kirchner.

He faces rising political opposition due to concerns about austerity measures.

The combination of government cuts and raised interest rates (yup, 60% from 40% earlier this year) - that really has got to hurt.

... political turmoil should surely be expected?

Regardless on how it is expressed, "austerity" (or stuff like it) has never been famous for even handed-ness ... 

Edited by Aidan Ap Word
Copy in rest of quote I meant.
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    • No registered users viewing this page.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.