Re:
Leaving aside the source, and the crazy person quoted inside (seriously, read some of Koenigs's other ***), there are 2 immediate problems with the IMF austerity conspiracy
1. The debt level while ballooning because of the previous government failure should be sustainable until at least 2018 so it's unlikely that any lender could impose anything
2. Even if somebody was to impose an austerity program, there is a tiny problem of most government spending being mandated by constitution and another tiny problem of limits being set to cuts in the small part of the spending that is discretionary.
blutto said:....and now onto the war on another front, the BRICS front....
Washington is behind this coup because only a year ago secret talks between the IMF, the World Bank and the current coup organizers were held. Brazil is going to be handed over first to the IMF which will make sure that the austerity program is implemented like in Greece
Read more: http://sputniknews.com/latam/20160901/1044866432/brazil-coup-washington-involvement.html
Cheers
Leaving aside the source, and the crazy person quoted inside (seriously, read some of Koenigs's other ***), there are 2 immediate problems with the IMF austerity conspiracy
1. The debt level while ballooning because of the previous government failure should be sustainable until at least 2018 so it's unlikely that any lender could impose anything
2. Even if somebody was to impose an austerity program, there is a tiny problem of most government spending being mandated by constitution and another tiny problem of limits being set to cuts in the small part of the spending that is discretionary.