TROIKA (TRIGA): ASCENSÃO E QUEDA VII - ORTUM ET OCCASUM VII - THE RISE AND FALL VII

Jonh Berrigan, Subir Lall e Isabel Vansteenkiste: the persons that represented Troika

Works of Troika (IMF+EC+ECB) and the subservient Portuguese Government:

First step (2011 second half, 2012):
devaluate Internal Market by an increase of direct and indirect taxes, decrease of public investment, laboral flexibility=> strong increase of insolvencies and unemployment except General Government, increase of General Government deficit and debt, despite privatizations and Troka financing

Second step (2013):
increase the devaluation Internal Market by a brutal increase of direct taxes, decrease of public investment => increase of insolvencies and unemployment except General Government, decrease a little bit the General Government deficit but strong increase of public debt, despite privatizations and Troka financing

hird step (2014):

still the brutal level of taxes and intention of decrease public current expenditures

Fourth step (2015):
new increase of taxes and increase public investment, laboral flexibility to decrease unemployment and increase external investment to turn Portugal a more Poortugal, and more and more devaluated country. The deep reforms linked to General Government don´t exist!

By these ways Portugal don´t have any chance: austerity to create more and more austerity that don´t solve any problem only create more problems in the point of view of the country! For some external players with him internal partners the oportunities of business increasing ...

(Troika   + Portuguese Government) leaded by conservative and liberal forces => great disaster