austerity
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Original Technorati articles tagged “austerity”
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in PoliticsA New Scenario in Europe After Hollande's Victory and Monti's Competence

In Europe there are great challenges after France and Germany's electionsby michetrab / on May 21, 2012 -
in PoliticsGreece Today, America Tomorrow

Election 2012 would be crucial for labor, and that means you.by amohit / on Feb 22, 2012 -
in PoliticsGreek Crisis: Is This Real Unity Progress?

What was the background behind yesterday's deal between government and opposition in Greece?by george2seven / on Nov 7, 2011
Latest blogosphere posts tagged “austerity”
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Britain Can’t Afford to Fall for the Charms of the False Economics Messiah Paul Krugman THE DAILY TELEGRAPH: Superstar economist Paul Krugman wants us to change course, but his solutions are simplistic. What does the future hold as Europe slides, ever more hopelessly, towards the abyss? As David Cameron ...22 hours ago -
Tax avoidance for all and how to halve the price of beer
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Tax avoidance is generally regarded as only for the rich or those people wealthy enough not to need to spend everything they currently earn. But there is one ancient form of tax avoidance which is available to everyone – or at least anyone with a little patience, some room about the house and an understanding [...]1 day ago -
“Be Outraged!” Some big names in development take on the Austerians
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This week Oxfam supported the publication of ‘ Be Outraged’ , an angry and eloquent broadside from some big names in the development scene, including Richard Jolly , Carlos Fortin , Giovanni Andrea Cornia , Diane Elson , Ruth Pearson , Frances Stewart and Stephany Griffith Jones . Many of them led the ...1 day ago -
"A few quick Notes on Argentina" by David Lizoain
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When Argentina is brought up in relation to Greece, the focus tends to be on the Argentine default and the end of convertibility. But at the time, observers made frequent references to Argentina’s “Hooverite” policies, as its leaders unleashed round after round of belt-tightening. Here’s a useful ...1 day ago -
Greek Exit = Run on European Banks
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UBS has told its wealthy clients that there’s a 20 percent chance of Greece leaving the euro within six months… A Greek exit could trigger “a chain reaction of bank runs and soaring risk premiums on government bonds of weaker countries, and that ultimately breaks up the entire euro zone,” UBS economists Thomas ...1 day ago -
Greek Bank Run 2.0
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by Tyler Durden We have spent a considerable amount of time in the last week or two explaining just why depositor withdrawals (or bank runs) are the death knell for the Euro experiment. We first described the ‘run on banks and governments’ on the basis of the potential for overnight loss of ...1 day ago -
Fitch downgrades Japan. Tsunamis and nuclear meltdowns take a back seat to austerity
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Japan surprised the world with the strongest growth of any major developed economy in the first quarter of 2012. So, of course, the austerity gods are demanding their tributes.1 day ago -
France, Germany at Odds Over Eurozone Crisis
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HQ of the Council of the European Union, Brussels (photo: Szilas/wikimedia) European leaders met in Brussels yesterday, and even going in it was clear that the countervailing forces, exemplified most by Germany and France, would not come to any agreements. And that’s just how it turned out : A major rift has ...1 day ago -
Bankia to ask Spain for over 15 billion euros: source
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( Reuters ) – Spanish lender Bankia (BKIA.MC) will ask the state for more than 15 billion euros (US$19 billion) to bail it out when its new management team presents a restructuring plan on Friday, a financial sector source said late on Thursday Yesterday UPDATE 2-Spain to fill 9 bln euro funding gap at Bankia Two ...1 day ago -
Number Crunched
Zandar Versus The Stupid —
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I was going to engage in my favorite sport of pointing out why Jim Pethokoukis is a meathead, but John Cole handily and beat me to it . You’d think that would be the end of it. But not when you have outrageous hacks like James Pethokoukis on the case. You all remember him, right? He’s the clown who, in ...1 day ago -
Saving the EU by dumping the euro? Resistance to Angela Merkels policies gains strength
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None of the EU countries are proposing that now. But that may be the only way to save the "European project", the European Union. The eurozone doesnt have the institutional arrangements that would make a common currency area workable in the current situation. And the current situation is a worst-case one, a prolonged ...1 day ago -
Saving the EU by dumping the euro? Resistance to Angela Merkels policies gains strength
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None of the EU countries are proposing that now. But that may be the only way to save the "European project", the European Union. The eurozone doesnt have the institutional arrangements that would make a common currency area workable in the current situation. And the current situation is a worst-case one, a prolonged ...1 day ago -
AUSTERITY = POVERTY.
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What does austerity lead to, apart from enhancing the bank balances of the financial Mafia. A look at Greece today could be a vision of what is in store for hundreds of millions of ordinary people across Europe. The situation in Greece deteriorates on a daily bases and with no end in sight, and will ...1 day ago -
Red Square Revolt: Quebec Students on Strike (documentary film)
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Red Square Revolt: Quebec Students on Strike montreal.openfile.ca Lessons from Montreal: Documenting the tuition crisis for Americans Sarah Leavitt • Thursday, May 24, 2012 A group of New Yorkers have taken an interest in Quebec’s student strikes and have created a documentary in the hopes of bringing ...1 day ago -
Police urge Greeks to keep money in bank
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http://www.guardian.co.uk Police urge Greeks to keep money in bank Scale of withdrawals from Greek banks has led to speculation that eurozone-wide guarantee is need to maintain confidencePolice are urging Greeks to keep their money in bank accounts rather than putting it at risk of theft, amid further ...1 day ago -
What happens if Greece defaults? A flow chart
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If Greece ditches its austerity plan and defaults on its loans, how might that play out in the global economy? Follow our flow chart to find out.1 day ago -
Greek hospital ‘threatens to keep baby until mother can pay the cost of delivering the child’
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Hospital denies the claim, but campaigners say it is merely the latest in a spate of cases A hospital in austerity-stricken Greece told a new mother she could not take her baby home until she had paid the cost of delivering the child, it has been claimed. Helena Venizelou Maternity Hospital in Athens threatened ...1 day ago -
Charles Hugh Smith: The E.U., Neofeudalism And The Neocolonial-Financialization Model
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by Charles Hugh Smith from Of Two Minds The E.U., Neofeudalism And The Neocolonial-Financialization Model To fully understand the Eurozone’s financial-debt crisis, we must dig through the artifice, obfuscation and propaganda to the real dynamics of Europe’s “new feudalism,” the ...1 day ago -
New York Times Reporter Calls Out Administration for Bragging About Austerity
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(photo by niallkennedy/flickr) It’s only on the New York Times’ blog (not sure if these things ever make their way into the paper), but thanks to David Firestone for taking the right lesson from the Obama Administration’s proud boasts in favor of spending cuts : “Do not buy into the b.s. that you hear ...1 day ago -
The Ryan Budget, illustrated
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via: yobaba [IMG: http://24.media.tumblr.com/tumblr_m4jc4ntp091qauaefo1_500.jpg]1 day ago



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