We were led by our fears.

The fiscal austerity may lead to an overkill of the economy.

Fiscal austerity is considered to be an answer to the rampant inflation.

And maybe a little bit less of a lavish lifestyle.

What followed were the most difficult decisions in my life, painful to me, painful to my countrymen, imposing cuts, austerity, often on those not to blame for the crisis.

And it's political.

I started this with community support.

MARGARET WARNER Do you think

You get 5 times more revenue from the same customers by just working on keeping these customers around.

And then policymakers began to respond to this.

Hand to mouth is 2.6 trillion.

90 percent of the funding came from Thailand.

Well, a convenient but unfounded stereotype that sometimes hurt even more than austerity itself.

This exercise describes a game played between the federal reserve board and politicians.

First big contraction.

Financial reforms may ameliorate the current economic difficulties.

And your financial scheming, Marcel?

In 2011, Congress passed a law saying that if both parties couldn't agree on a plan to reach our deficit goal, about a trillion dollars worth of budget cuts would automatically go into effect this year.

So this is the state of France.

It's got holes.

The scholar is an authority on fiscal policy.

Perform arithmetic, scientific or financial calculations

French history.

What I did is, I emailed essentially anyone that has anything to do with pancreatic cancer.

Yes, well, we dream on a budget here, don't we?

He is badly situated financially.

Our highest institution in our country was perverted.

But a murderer, that's different. All right, I値l call the commissioner.

Infonet's budget tracking platform has led to a number of discoveries of misused funds.

So instead, I decided to go for a lab.

So he comes over to this country, and he says,

The government is compelled to reconstruct national finance.

The government will have to deal with the financial problem.

So a friend of mine who's a political scientist, he told me several months ago exactly what this month would be like.

No appointment. it's an emergency.

Federal budget cuts will take a bite out of Social Security benefits.

So far, we've thrown economics at the problem, actually mostly austerity, and certainly we could have designed alternatives, a different strategy, a green stimulus for green jobs, or mutualized debt, Eurobonds which would support countries in need from market pressures, these would have been much more viable alternatives.

Reducing the budget deficit is a major concern of the government.

Simon's Shark Slime.

What's your budget, dearie?

They're annual budget for corporate espionage

But it's gonna take money.

Is that good or bad?

He is financially embarrassed.

Etienne de Silhouette.