European Tribune - A Funny Thing Happened At The G20

What I see happening here in the US is that austerity is being mobilized to protect existing privilege.

austerity for the proles...good times in the compound.

famine in the fields, let the peasants starve, deliveries of foie gras to the castle will proceed as per.

austerity is their last resort, accept the screw, and relative freedom will be yours.

history indicates they will go too far and the compound become a bunker, history also indicates that the same forces buffering them from public rage now, will betray them eventually, for fear of that rage for them and their families, who will not all fit in to the bunker.

simple math!

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty