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by savramescu
5239 days ago
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I'm not surprised at all at Boc. I'm glad he resigned, but I don't think there will be a big improvement any time soon.
For the rest of HN: there were mass demonstrations lately requesting his resignation; even the President asked him and he kept refusing. In the end it looks like he left. |
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Our national debt is less than 40% of the GDP in a time of a global economic crisis. Of course it grew since 2009 from 25% so the trend is a little worrying, which is why the government implemented austerity measures, because 3 million people (the employees of private companies that pay taxes) cannot pay the bills for the rest without making cuts ... and all the money that came from privatization have been eaten by PSD.
During Boc our economy was stable without drowning us in debt (compare with Greece's debt at 173% of GDP, or with Italy's and Ireland's which are at over 100%). Also take the stability of our national currency which historically has never been so stable.
2. I sympathize with the couple of hundred people that went to the streets. I would have gone myself, but instead of bitching about it I just work my ass off and make my own money, instead of begging for it.
There's a reason why Germany recovered after 2 world wars in which they were bitch-slapped, plus the fall of the Berlin wall which left them in recession. And now they are again amongst the biggest economies (first in Europe, fourth world-wide) ... they aren't beggars, while we are.