If the UK was Greece…
The new package of austerity measures meant “to save the Greek economy” will not reach its target, as it happened with the previous ones as well. I will explain to you why after a few days, but for now all I will say is that the Greek problem is not the private sector, but the public one. The more they push Greece to squeeze the private economy, the less possible it is for the country to exit the vicious circle of recession. We urgently need structural reforms and a “revolution” in the public sector. And since it won’t happen any time soon, be sure that in June – July you will hear about new “necessary” measures.
At the same time, BBC prepared a very interesting comparison of what it would mean for the UK to implement the same austerity measures that Greece had to accept. The result is clear: No economic solution, just bigger problems for the population.
A very interesting article:
What is your opinion?