I Know What I Know

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Britain’s austerity measures have resulted in… a “shock contraction” of the GDP by 0.5%. Maybe it’s because of the bad weather. Maybe.

Ireland’s austerity measures resulted in… a massive, massive bailout of the economy (largely because the government guaranteed 100% of all the banks).

And Spain? And Portugal? And Greece?

It’s all Shock Doctrine all the time.


Written by srogers

January 25, 2011 at 11:16 am

Posted in Uncategorized

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