Europe's Economic Suicide
- Dettagli
- Categoria: Europa, Usa, etc
- Pubblicato Venerdì, 27 Aprile 2012 03:55
- Scritto da Paul Krugman
April 15, 2012
Europe has had several years of experience with harsh austerity programs, and the results are exactly what students of history told you would happen: such programs push depressed economies even deeper into depression. And because investors look at the state of a nation’s economy when assessing its ability to repay debt, austerity programs haven’t even worked as a way to reduce borrowing costs.
