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— David Cameron"People are increasingly frustrated that decisions taken further and further away from them mean their living standards are slashed through enforced austerity or their taxes are used to bail out governments on the other side of the continent."
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Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.
— Bill Gross
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It's true that mostly in the last years, from the moment when Portugal was subjected to this policy of austerity, imposed by Europe, that I think many Portuguese became a little bit more left-leaning, and so did I too, I could not not care about the situation. I had to deal with it in some way.
— Miguel Gomes
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