FionaK |
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| I had somehow missed the situation in Romania. The prime minister of that country resigned today because the people are rioting in the streets over austerity measures which include a 25% cut in public sector pay and a 15% cut in pensions. I don't know much about Rumania, but just looking at the wiki article we see a familiar story. High growth in the early 1990's;deregulation and privatisations; crash in 2007/8; IMF intervention. Poverty for the people.
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