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Sunday, September 30, 2012

Violent protests in Spain vs austerity measures.

Social and political criticisms

From USA today, anti austerity protests in Spain

Violent protests rock Spain due to severe austerity measures being imposed  in view of the severe economic crisis.

The perception is that the austerity measures are being undertaken to save the banks.

On the other hand, in US the prescription is not austerity, but a flood of liquidity?

Which measure do you prefer?