October 30, 2012

Austerity Has Yet to Come to Greece

Nikos Tsafos, The National Interest

AP Photo

The idea that deep cuts are pushing Greece to the brink makes for great punditry. But it is a woefully incomplete description of what is really happening. Austerity is not killing Greece. Instead, austerity has yet to come to Greece.

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TAGGED: Greece, austerity

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