Thursday, May 10, 2012

Alternatives to austerity

I love the restuarant analogy at the end. 

"He used the metaphor of a restaurant patron who discovers that he doesn’t have enough money to pay the bill. No problem. Just keep ordering more food! That way you can put off the moment of reckoning. That is not a practical solution for irresponsible customers or countries who have gone too far." excellent reading.

Alternatives to austerity

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