4 ms·
What success story. The structural effects of the austerity which everyone including IMF admits was much too hard on GDP will be felt, and Greece will be screwe
by wfn 7y ago
What success story. The structural effects of the austerity which everyone including IMF admits was much too hard on GDP will be felt, and Greece will be screwed for many years to come. See for example wiki article, e.g. section "Effects of applied programmes on the severity of the debt crisis and the IMF's apology": https://en.wikipedia.org/wiki/Greek_government-debt_crisis#Effects_of_applied_programmes_on_the_severity_of_the_debt_crisis_and_the_IMF's_apology https://en.wikipedia.org/wiki/Greek_government-debt_crisis#E...