Page 2 - De Austerity News Today

U.s. crisis. much less than expected. that was a critical turning point. >> can i add in, its seen like leaders like morales, cha vesz, are coming out of nowhere and taking the stage. i want to highlight theres a trajectory from the debt protests, protesting these austerity policies to formations of larger movements and coalitions that build so much power through ousting governments and building, larger alliances that theyre a very important part of this story of how leaders come into power. >> ...

They rempresent different experiences. they operate in this framework that has emerged out of the ruins of washington consensus that also being able to control your taxes, control your commodities so it isnt all geared toward keeping the bond markets happy in washington or having the u.s. -- >> although -- >> -- single market, single source of credit. theres been a diversification. there hasnt been a break with the model but a diversification of credit and capital and brazil and venezuela have l...

Chavez in venezuela, a country dependent on oil revenue, but there are a lot of -- credit ibs will say and i think even left critics, those looking at it not from an ideological opposition to what chavez was doing but even grounded in the left, look at the economic management and look at the inflation numbers, the massive crime explosion thats happened in caracas to the point where they stopped publishing figure and the budget deficit and real dependence on oil and lack of a kind of -- any sort ...

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