Monday, October 22, 2012

More Annals of Austerity Policies or I Don't Think This is Going to End Well

  Question: What do you get when you combine
  • Draconian cuts in social net spending
  • High unemployment
  • Heightened anti-immigrant fervor
  • alternative structures of "law" enforcement
  • Black Tees 
  • Foreign determination of domestic economic policy
  • and invocations of National Socialism?
   Answer: The Greek Nationalist group, The Golden Dawn. There is more to consider than deficits when implementing austerity policies during global recession.

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