Re:Italy’s austerity-fueled crisis is a warning to the Eurozone
by bjelkeman-again on Friday April 12, 2019 @05:50PM
(#19649353)
Italy’s inability to sort out their bureaucracy really doesn’t help. (Ever tried to sell/buy a house in Italy, compared to, say Sweden? It is absurd.) Not that it is their only problem. But when rational people vote for Berlouisconi as prime minister, then you know you have a problem at multiple levels, imho.
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Re:Italy’s austerity-fueled crisis is a warning to the Eurozone
by _cerv on Friday April 12, 2019 @05:59PM
(#19649425)
This. The problem wasn’t too much austerity, it was that the pendulum seemed to always swing to extremes. Banking policy was always painted as a binary choice of excessive welfare financing or heartless spending cuts.