austerity not working well in europe

Europe is a different animal, most of our mouth breathing republicans don't know that the average family in Italy and France are way wealthier than us.
 
Won't work here either!

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odd.....I thought that what was happening in Europe was continued deficit spending and massive taxation.....didn't I read recently they had gone so far as to "tax" ten percent of existing bank deposits?.......was the so called "austerity" that they didn't take twenty percent?......
 
The Dude said:
Europe is a different animal, most of our mouth breathing republicans don't know that the average family in Italy and France are way wealthier than us.
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Not.
You have no idea what you are talking about.
You've never been to Italy, France, Greece, Portugal, Spain or anywhere else in Europe.
 
PostmodernProphet said:
odd.....I thought that what was happening in Europe was continued deficit spending and massive taxation.....didn't I read recently they had gone so far as to "tax" ten percent of existing bank deposits?.......was the so called "austerity" that they didn't take twenty percent?......
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You see, what you've done there is confuse "Europe" with "Cyprus".

"Cyprus" is a very small country in "Europe"

HTH.
 
I don't know why people say austerity isn't working. I mean, it's not like Greece has had 19 (!) straight quarters of economic contraction and has an unemployment rate of 27% or anything.
 
Dungheap said:
I don't know why people say austerity isn't working. I mean, it's not like Greece has had 19 (!) straight quarters of economic contraction and has an unemployment rate of 27% or anything.
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I'll see your 27% Greek unemployment rate and raise you 64.2% Greek youth unemployment.

That can only end well.
 
charver said:
You see, what you've done there is confuse "Europe" with "Cyprus".

"Cyprus" is a very small country in "Europe"

HTH.
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so then your argument is that things that are done in Cyprus are done in Australia?......

by the way....
The Brussels-based euro zone agreed on Saturday to give Cyprus a $13 billion bailout, but demanded levies that would take between 6.75 and 9.9 percent of bank deposits.

Read more: http://www.foxnews.com/world/2013/0...-takes-aim-at-russian-deposits/#ixzz2TNE5gMTm
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look what "not-Europe" did.....
 
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