80% of the population of the USA do not trust and do not appreciate either of the two candidates. The strongest argument for voting Trump is not so much This article describes … Continue reading A more dangerous world is probably coming after the US election!
Welcome to the age of austerity Great article explaining how austerity is not about making countries healthier, it’s about enriching banks. That public, government debt is actually an asset, but we’ve all … Continue reading How the politics of debt explains everything
Nobel Prize-winning economist Joseph Stiglitz predicted in a interview out on Wednesday that Italy and other countries would leave the euro zone in coming years, and he blamed the euro and German … Continue reading Nobel laureate Stiglitz sees Italy, others leaving euro zone in coming years
The agency has been operating without an executive director for nearly a year and has not explained how it will close a $45 million gap in its budget. This is what happens … Continue reading Leaderless and Underfunded, N.J. Transit Had Troubles Well Before Fatal Crash
Rather than casting off the shackles of the EU, eurozone and IMF, the Syriza-led Greek government favors the ‘oligarchs’ it once vowed to tear down and doubles down on austerity measures, leaving … Continue reading In A Mess Of Corruption & Neoliberal Austerity, Syriza Sells Greece Out To The Highest Bidders
There’s a lot of blame to go around for the outcome of the Brexit vote, and I’d put fiscal austerity near the top of the list. Great article in the Washington post … Continue reading The Brexit and budget austerity: What’s the connection? – The Washington Post
Austerity policies not only generate substantial welfare costs due to supply-side channels, they also hurt demand—and thus worsen employment and unemployment. The notion that fiscal consolidations can be expansionary (that is, raise … Continue reading IMF: Neoliberalism – Oversold?
IMF economists have published a remarkable paper admitting that the ideology was oversold The very headline delivers a jolt. For so long mainstream economists and policymakers have denied the very existence of … Continue reading You’re witnessing the death of neoliberalism – from within
Economists give strong critique of neoliberal doctrine ushered in by Ronald Reagan and Margaret Thatcher in the 1980s They arrive at this conclusion yet the governments throughout Europe, especially in Greece, keep … Continue reading Austerity policies do more harm than good, IMF study concludes
They were calling for an end to austerity — and the resignation of David Cameron. The number of protesters is between 50,000 and 150,000, in other words, huge! Yet the BBC chose … Continue reading Thousands of anti-austerity protesters fill the streets of London
The size of the audience was a demonstration of the concern that Finnish people have for the future of their nation given that the conservative government is signalling it wants to impose … Continue reading University of Helsinki lecture | Euro Crisis
In a nutshell, Greece is up for sale, and its workers, farmers and small businesses will have to be cleared out of the way. Under the eye-watering privatisation programme, Greece is expected … Continue reading Greece is about to be completely dismantled and fed to profit-hungry corporations