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Yes, Reagan the fiscal conservative who tripled the deficit and national debt: https://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_reaganomics.html
by sanp 2y ago
Yes, Reagan the fiscal conservative who tripled the deficit and national debt:
https://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_reaganomics.html https://www.pbs.org/wgbh/commandingheights/shared/minitext/e...
- imtringued 2y agoGreek austerity imposed by Germans had resulted in the doubling of debt as percentage of GDP.
- Rinzler89 2y agoWhich Germans imposed Greek austerity? AFAIK Greek austerity was imposed by Greece's major creditors, but Germany was only one of many.
- buran77 2y agoBetween Brussels and Frankfurt (EU institutions I mean) the general consensus was that the Greek situation was more akin to loansharking than anything else. And Germany was undeniably the largest driving factor behind this approach, and the country that most benefited from it.
- Rinzler89 2y agoBut what was the better alternative for Greece?