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Spain is one of those places in Europe where Austerity has been in full swing. Budget cuts, downsizing, trimming government services... how well has that worked anyway ? As Spain enters another ...
by xaxnar
Comment Count 16 comments on Sat Feb 02, 2013 at 03:57 PM PST with 16 Recommends
For 39 years now, Greeks have been commemorating the massacre of university students at the Athens Polytechnic University on Nov. 17th, 1973. This year, the commemoration is especially poignant ...
by upstate NY
Comment Count 7 comments on Sat Nov 17, 2012 at 07:28 AM PST with 19 Recommends
Graph by Mike Norman Economics President Obama and his conservative European counterparts sought very different solutions to the global economic crisis, and ...
by Laurence Lewis
Comment Count 142 comments on Sun Nov 04, 2012 at 03:15 PM PST with 87 Recommends
By Tim Price, originally posted on Next New Deal . Click here to subscribe to the Roosevelt Institute's weekly newsletter. Click here to receive the ...
by Roosevelt Institute
Comment Count 1 comments on Tue Oct 23, 2012 at 07:48 AM PDT with 1 Recommend
I saw in the paper today that unemployment in the Eurozone just hit a record 11.4%. Many of these are countries that have employed the austerity measures the Right keeps salivating over (which ...
by Witgren
Comment Count 4 comments on Tue Oct 02, 2012 at 11:31 AM PDT with 0 Recommends
According to Yves Smith over at Naked Capitalism , Spain is in trouble , citing austerity-related political unrest in the capital, Madrid, and accelerating withdrawals from Spanish banks. But it's ...
by TheOrchid
Comment Count 43 comments on Thu Sep 27, 2012 at 10:11 PM PDT with 35 Recommends
So says Roger Bootle, a British economist in this twelve-minute video. When I came across this, I had no intention of watching the full twelve minutes, but this guy is so low-key and matter-of-...
by Owlet
Comment Count 3 comments on Thu Aug 09, 2012 at 05:09 AM PDT with 3 Recommends
With Mitt about to embark on an international gaffe-a-thon for the next six days, it's only fitting that he consider the advice of those who've gone before, and whose perspective could spare him ...
by cassandracarolina
Comment Count 24 comments on Mon Jul 23, 2012 at 02:16 PM PDT with 16 Recommends
A number of things have been happening over the past few years which are beginning to have an impact on the relationship between Ireland and the UK, and may go on to have profound implications for ...
by Frank Schnittger
Comment Count 42 comments on Fri Jul 13, 2012 at 04:48 AM PDT with 30 Recommends
A bunch of Robin Hoods are seeking economic justice in America. They want the financial transactions tax resurrected. This is the Robin Hood tax, a tiny levy on the sale of stocks, bonds, derivatives,
by Leo W Gerard
Comment Count 15 comments on Wed Jun 27, 2012 at 06:30 AM PDT with 7 Recommends
The effects of globalism are appearing less appealing everyday, from the mining juggernaut about to crush the Kayapo and other Native peoples in Brazil (Financial Times article by Joe Leahy, ...
by niccolo caldararo
Comment Count 1 comments on Tue Jun 26, 2012 at 06:41 PM PDT with 1 Recommend
By Warren Mosler (With permission of the author) Looking like it was another 'buy the rumor sell the news' near term. After you do the maths it still doesn't add up. It can't add up. Ever. ...
by Letsgetitdone
Comment Count 6 comments on Mon Jun 18, 2012 at 06:37 AM PDT with 5 Recommends
China is exporting its economic downturn to America. In May, China resumed purposely devaluing its currency, which is a tactical maneuver that tilts trade in its favor. American industry, American ...
by Leo W Gerard
Comment Count 36 comments on Wed Jun 13, 2012 at 07:00 AM PDT with 10 Recommends
Mitt Romney is loving those high unemployment numbers. Just like the Republican majority in the U.S. House of Representatives that has repeatedly blocked President Obama’s proposals to increase ...
by Leo W Gerard
Comment Count 5 comments on Wed Jun 06, 2012 at 08:16 AM PDT with 9 Recommends
If you read the thorough interview from TIME magazine below, it's a breath of fresh air when compared to the vitriol directed at Greek PM candidate Alexis Tsipras in much of the media worldwide. ...
by upstate NY
Comment Count 13 comments on Thu May 31, 2012 at 07:58 AM PDT with 11 Recommends
As some of you may know, tomorrow the Republic of Ireland will vote on an amendment to the Irish Constitution that will enable the Irish government to ratify the latest EU agreement, called the "...
by misneach
Comment Count 15 comments on Wed May 30, 2012 at 11:38 AM PDT with 35 Recommends
http://www.guardian.co.uk/business/2012/may/22/eurozone-crisis-greece-eu-summit-tsipras#block-24 Germany is issuing interest-free bonds. No, not tax-free bonds, interest-free. What's next, interest-...
by upstate NY
Comment Count 4 comments on Tue May 22, 2012 at 11:05 AM PDT with 3 Recommends
We live in interesting times … Those on the left following the situation in Greece were treated to an interesting spectacle in the last election in Greece on May 6th 2012. As expected, those ...
by NY brit expat
Comment Count 65 comments on Sun May 20, 2012 at 03:00 PM PDT with 34 Recommends
In a recent article , Zakaria concedes over the overwhelming evidence, that austerity has made Europe's economy worse off. From a double dip recession in the UK to full ...
by CartoonDiablo
Comment Count 21 comments on Fri May 11, 2012 at 02:48 PM PDT with 9 Recommends
2011 protest, Syntagma Square, Athens (Wikimedia Commons) When right wing politicians talk about deficits you can be certain that they're waging class warfare . ...
by Laurence Lewis
Comment Count 226 comments on Sun Apr 15, 2012 at 05:00 PM PDT with 134 Recommends