TITLE

Spanish Austerity Savage to the Point of Sadism

AUTHOR(S)
Hallinan, Conn
PUB. DATE
June 2012
SOURCE
Foreign Policy in Focus;6/15/2012, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The author comments on the European Union's radical bailout package to halt the financial crisis engulfing Spain. He believes that the response of the EU to the economic chaos in the continent is a profound delusion and agrees with what a British reporter for calling it a sado-monetarism, which is described as endless cutbacks, savage austerity,and widespread layoffs. He further believes that the bank bailout will work depending on what a person does for a living.
ACCESSION #
77424355

 

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