Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Which is Worse - UK or Greece Economy" video.

With the greatest of respect, I think your knowledge of British Economic History is scanty, and thus your opinion isn't based on fact. Indeed, if you were familiar with commentary about the UK Economy today, you would realise that our current debt-to-GDP ratio of around 100% isn't as bad as that after World War II, which was 240%. We had rationing as a consequence until the end of the 1950s, but we still managed to rebuild our war-damaged economy. We rebuilt our productive capacity, including the beginnings of the global Eurocurrency Market. We rebuilt our housing stock, and built a welfare state that tackled problems from the previous time austerity was tried in the Interwar years,because it failed then too. And we succeeded, despite difficulties from having to make do with less. And we did it without Austerity. And we repaid all our war debt in the early 2000s. You see, austerity isn't a new idea. And the Economist Mark Blyth wrote the key text about it's history entitled "Austerity: the history of a bad idea." Where in this door stopper 9f a text he relates the the evidence that Austerity is a bad idea, because it has failed to do what people argue it should do, each and every time it has been tried in history, which is grow the economies subjected to it. And sadly, the homespun narrative that a national economy can be run like a household has been debunked time and time again. But the uninformed still pretend its true. Even when there's evidence in the present day that Austerity is like putting an economy on hunger strike, but expecting it to be both heavier and fitter after a prolonged time on starvation rations, ideologues like yourself still trot it out like a dead zombie. Not only are you not informed on the subject, but you deign to patronise a trained economist who has written text books on economics, when you demonstrate by your comment you are blithely ignorant of the subject. You are unfamiliar with the subject, yet you presume to teach a teacher? You are not a serious person. All you have demonstrated in your comment is how very little you do know about Austerity and it's effects. And how little critical thinking you use. Perhaps you did not mean to come across as being patronising, but you really need to temper your own enthusiasm for your own ideas, because people get stiff wrong, especially when they fall for confirmation biases based on ideology. You have to look at the evidence, and judge that. Put aside what you want to believe, and approach serious arguments seriously, looking for the truth. It's people's lives and livelihoods that are in question. It's not a game. People die because of austerity, and families are food insecure. There's nothing to sneer at in this subject.
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