LAS VEGAS — — Austrians are bracing for the end of the “Austrian economics” that has governed the country for decades, but the conservative coalition government that’s currently in power is taking the fight against a global economic downturn even further, according to the country’s chief economist.
“This is probably the most important issue for the Australian people,” said Australian National University economist and professor of economics David Kretschmer.
“If the government is able to win the next election, I think we will see the end, and I think it will be in the form of the elimination of Austrians and Austrians only.”
Kretschmemer is in Las Vegas this week for a conference organized by the International Monetary Fund.
In the past two years, he has worked with the IMF to prepare the country to tackle a major downturn in the global economy.
He said Austrians have long been the target of Austro-American policies, but there is now a growing chorus of voices urging them to take a stand against the global economic meltdown.
Austrian economist and former IMF chief economist Hans-Werner Sinn says the government has been wrong on the issue.
The government has not been listening, he told the Financial Times.
We should have been paying attention to what was happening in the world, and we have been listening and now Austrians know what is going on.
Kretszmer said there are plenty of other economists and academics who agree Austrians should not have been punished for the success of the financial crisis and are now saying the same about the global financial system.
Austrians have said they are not opposed to a return to “Austria,” but many others argue that a return would not be good for the economy.
They say that Austrians would be hurt by the country being dragged back into a financial crisis.
Some Austrians, including Sinn, say that a government that has failed to implement reforms, including the retirement age, has left them behind.
They argue that the country needs to create jobs, as Austrians did not have jobs in the first place, and that Austria needs to take more responsibility for its economic future.
A recent report from the European Commission found that Austrian jobs in 2016 were just 4.5 percent of all jobs in Europe, down from 6.4 percent in 2013.
Sinn said that Austrates economy is suffering because Austrians were not able to create enough jobs.
The Austrian government has said that its plan for Austrians to stay in the country is not meant to replace Austrians but to support their economic growth.
It has also said that it will not be able to raise the retirement ages.
However, Austrians say that it has made it harder to find qualified Austrians.
The IMF estimates that the unemployment rate in the state of Austria is between 12 and 14 percent.
Kretszmemer said that most Austrians want to work in their own country, but many people are unable to find work, particularly in the financial sector.
“The Austrians can’t do it on their own,” he said.
“They have to go to the United States, to Canada or the EU.”