Economically, austerity — which the Germans, among others, are intent on forcing upon their southern brethren — can sound like a good idea, but might actually exacerbate the conditions it ostensibly ameliorates. One day, we might look back on cuts in public services and infrastructure during a downturn with the same disbelief with which today’s doctors recall the medieval medicine of deliberately cutting and bleeding the sick. Thomas De Monchaux
Not exactly austerity that dominates sales of luxury villas for social classes who hold economic power. Oliva Nova is a clear example.
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