Tuesday, February 26, 2013

Does economist Krugman really believe austerity was supposed to improve the economy?

On the eve of an Italian national election which has all the world's stock markets and the IMF/EC technocrats very worried, economist and syndicated columnist Paul Krugman wrote in the New York Times that "`respectable' European politicians won't admit that the policies they have imposed on debtors are a disastrous failure."
from Krugman: Euro Austerity Policies a `Disastrous Failure'

On the contrary, they're a raging success - the torture, torment, and "decarbonization" - i.e. loss of physical body - of poor people is going just swimmingly, while organized Satanism is getting its fill of blood drained from the economy in the name of "restoring confidence." (Confidence in what? The obedience of their politicians?)