Reply #3: Say goodbye to all credit [View All]

[malaise]

Here comes structural adjustment - divest, deregulate, devalue and die. The state must cut fiscal spending - health care(including public health) will get worse as will education, student loans, etc. Prices will rise even more than they are already rising.

Latin America has divorced itself from this madness and the US government signs on formally. You are collectively fucked, but the good news is that the population will finally wake up.

American people do not have a clue what was signed last night. IMF policies are nothing more than economic terrorism for ordinary citizens.

As an aside, hubby is a Stanford trained economist - PhD. He says the US has just fucked itself further.

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