Tag Archives: Austerity

Debt, division & delay

Posted on September 19, 2011 by Michaela

…because we just don’t know what to do….meanwhile the Swiss were close to ban investment banking after UBS lost about 2.3 bio Euros on unauthorised trades.

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Bleeding

Posted on September 19, 2011 by Michaela

By Paul Krugman Doctors used to believe that by draining a patient’s blood they could purge the evil “humors” that were thought to cause disease. In reality, of course, all their bloodletting did was make the patient weaker, and more … Continue reading →

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Greed

Posted on August 17, 2011 by Michaela

An Essay by Thomas Hüetlin The blazing infernos which took hold in the UK’s biggest cities have shocked British society. It wasn’t a desire to protest that drove the brutal looters onto the streets, but pure consumer greed. Bankers, politicians … Continue reading →

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Whats the purpose of this ?

Posted on June 17, 2011 by Michaela

By RACHEL DONADIO The instability rocking Greece this week is the latest manifestation of a troubling new phase in the global financial crisis: political turmoil is sweeping through Europe, toppling governments and threatening to undermine efforts to rescue the financial … Continue reading →

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When austerity fails

Posted on May 24, 2011 by Michaela

By Paul Krugman I often complain, with reason, about the state of economic discussion in the United States. And the irresponsibility of certain politicians — like those Republicans claiming that defaulting on U.S. debt would be no big deal — … Continue reading →

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