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This article from the BBC is well worth reading.
It highlights the human cost of a bland diet of austerity without growth. Most advanced economies have public health care arrangements but when austerity goes too far, people are just left to die.
Surely, it’s time for policy-makers to adopt Keynesian short-term stimulation measures or some sort of Marshall plan to stimulate investment?
BBC News – Euro crisis: Why Greece is the sick man of Europe.