Irish Wanking Bankers: Austerity a failed experiment on the people of Europe, what next after Covid?
Channel: Labour Heartlands
Date: 31/08/2021

Austerity: A failed experiment on the people of Europe
This Irish truth sayer got it right in 2010, here we are eleven years later and Austerity will be the political choice once again.
When it comes to the economics of COVID-19, the worst symptoms may not appear until the virus has gone into remission.
Across Europe, the pandemic and its lockdowns accelerated trends like automation and economic inequality. At the same time, they put political unrest mostly into a sort of deep freeze, while leaving the underlying tensions simmering.
The public purse will once again be placed under the extreme measures of Austerity to recuperate the billions given to prop up failing corporations and political friends.
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