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Can you give examples of western countries other than the US doing that? I’ve never seen it, I travel a lot.
by testing22321 5mo ago
Can you give examples of western countries other than the US doing that?
I’ve never seen it, I travel a lot.
- 1718627440 5mo agoA German here, I think we have done that too with great success.
- DarkNova6 5mo agoI can definitely speak for all German speaking countries (Germany, Austria, but also Switzerland). Absolutely the UK as well. But really, Austerity was a trend that was followed by pretty much all EU countries since 2008 and the trend has not been reversed. And the Chinese have been buying european key industrial companies left and right going back as far as 2010. Instituations haven't been renewed, education hasn't been brought up to reflect the latest reality of life and digitalization of state workflows? Hah, no. But if a fraudulent bank requires saving? Sure, 500 billions or more can be paid upfront. Multiple times if necessary.
- pjc50 5mo agoThis is generally true about how much damage austerity has done, but it's important to note that most of the bank bailout money was loans which have been mostly repaid. (Yes, exceptions for Iceland, Ireland, Cyprus, and a few others)
- deleted 5mo ago[deleted]
- drstewart 5mo agoWow, since you're so well travelled you can also share examples of the US doing it, with the comparison to these other amazing utopian western countries. Start with education spending per capita.
- testing22321 5mo ago> Start with education spending per capita If you think spending per capita is a measure of quality, I’ve got a great health insure scam to sell you!
- senordevnyc 5mo agoSpending per capita is absolutely correlated with education outcomes.