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by dmix 2441 days ago
Everyone loves to blame the austerity measures. Not the people or ideology that got them into the mess in the first place.

I'm sure the government can find better ways to pay the money back but it's still a massive burden put onto an already struggling economy which didn't have to exist.

1 comments

Under Correa, living standards increased in Ecuador, and the economy grew. Hard to ask people to not have supported such policies.
Things always go great in socialist countries until they run out of other people's money to spend and then the whole thing gets exposed for what it is: an unsustainable system that just makes everyone poorer, all in the name of 'equity' and a bunch of hand-wavy misdirections so they can keep the lie their system is better than capitalism going.
What would you offer them instead? People want better lives. And it’s not as if a revolution caused that- the electorate willingly voted in those leaders.