Tens of thousand of people marched in Madrid and Lisbon yesterday to protest austerity measures...


Tens of thousand of people marched in Madrid and Lisbon yesterday to protest austerity measures in Spain and Portugal, where demonstrations were held in 40 cities altogether. The 65,000-strong protest in Madrid followed a rally of over a 1M in Barcelona four days earlier and after the government said on Friday that further austerity measures were imminent.

Comments (5)
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
     
    Austerity or inflation, which do they want? Because baring significant debt writedowns, which the wealthy and elites oppose, they really don't have any other choices.
    16 Sep 2012, 03:21 PM Reply Like
  • RDT2013
    , contributor
    Comments (6) | Send Message
     
    Do you mean if I want my bank to cancel my mortgage debt, then by refusing, they are wealthy and elites opposing me? They loaned me money and I have the house, but others may have blown the money with nothing to show. The money they loaned may be from a pensioner's savings. If people don't get paid back, future loans dry up, and then there is no system, and little chance to buy a house.
    17 Sep 2012, 09:58 AM Reply Like
  • machiavelli
    , contributor
    Comments (723) | Send Message
     
    The reason Barcelona had a million people show up is because they were less protesting austerity and more signalling their desire to split from Spain.
    16 Sep 2012, 06:36 PM Reply Like
  • Sundance65
    , contributor
    Comments (16) | Send Message
     
    People must understand that in Europe there's lack of democracy. Europe is governed by non-elected people having frightened everybody to keep quiet the crowd. Someody wrote: Union of the socialist republics of europe; that's it.
    17 Sep 2012, 09:53 AM Reply Like
  • machiavelli
    , contributor
    Comments (723) | Send Message
     
    that is ridiculous... European democracy is TRUE democracy where you have choices unlike USA where you have only two corporate choices at the federal level.
    17 Sep 2012, 03:09 PM Reply Like
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