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Nuclear Unicorn

(19,497 posts)

1. No good options

Reply to Javaman (Original post)

Mon Feb 6, 2012, 09:41 AM

Feb 2012

Either accept austerity that guts the social contract or face default that ripples outward and ruins the nation's ability to borrow, imposing an austerity of its own. It's hard to tell which way to go.

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Greek crisis talks for debt deal pushed to Monday [View all] Javaman Feb 2012 OP

No good options Nuclear Unicorn Feb 2012 #1

austerity does not work... trumad Feb 2012 #2

Neither does bankruptcy -- As I said: no good options Nuclear Unicorn Feb 2012 #3

I'd take default anyday over austerity... trumad Feb 2012 #4

Yup. All austerity does is perpetuate and validate the systemic theft. woo me with science Feb 2012 #5

it's the people that suffer under austerity. trumad Feb 2012 #6

The people suffer, and they consolidate their power. woo me with science Feb 2012 #7

It's the same net effect Nuclear Unicorn Feb 2012 #8