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View Full Version : If there had not been bailouts?



shuras
1st March 2013, 23:20
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Workers-Control-Over-Prod
1st March 2013, 23:30
If the Governments of the world had not "liquidated" the Capital markets, then the world economy would have gone into a Depression ala Greece. The working class would have been shocked and that's not good. We can just hope that things continue deteriorating slowly and that workers get to vote for as many bourgeois politicians who promise to solve the crisis, as possible. But I fear we will not see a lot of elections before another major collapse - which this collapse will most likely be on a scale with the Great Depression, as bourgeois governments are already trying to "save" through austerity measures which are cutting demand and destroying whole national economies.