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What We Read Today 27 August 2013

August 27th, 2013
in econ_news

Econintersect: Click Read more >> below graphic to see today's list.


The top of today's reading list says that until austerity is gone from Europe "all signs of recovery will prove illusory" ........ and the last article defines who actually owns the national debt.

Follow up:

  • End Austerity Now (Mark Blyth, Project Syndicate) "Spending cuts will do nothing to stabilize the balance sheets of core-country banks that are over-exposed to peripheral countries’ sovereign debt. Until Europe rejects austerity in favor of a growth-oriented approach, all signs of recovery will prove illusory."

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