Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Yes, I'm aware of that. I just fear it could get much worse than what's already there.

The 1% over a decade is probably back-loaded so we haven't seen much of it yet. Plus the impact in Greece could end up being bigger than in Russia.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Sat Feb 16th, 2013 at 12:51:25 PM EST
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Even if excess mortality increases linearly (meaning that five years of austerity would give only a quarter of the aggregate excess fatalities of ten years), that would still make austerity the third or fourth leading cause of death (after cardiovascular conditions, cancer and maybe infectious disease) over the course of the present depression.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Feb 16th, 2013 at 02:41:49 PM EST
[ Parent ]


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