austerity

Despite austerity in Ireland, things have gone decidedly pear-shaped for the Irish government as its bank bailout-ridden deficit has ballooned to a magnificent 32% of GDP and debt spreads to German bunds are at record levels.…

The latest video from Bloomberg with Jim Bianco is below. Bianco believes the markets will be disappointed Fed if the Fed shows less than 5 months of $100 billion in QE tomorrow. He also doubts whether a tax hike would be a "big, big"…

Here's a good town hall-style video featuring Simon Schama and Hugh Hendry on BBC QuestionTime. The ever-combative Hendry gave his opinion on the prospects for the UK economy going forward from the Austerian viewpoint. He said that he…

The Germans are planning to put forward a plan to change  guidelines to the stability and growth pact (SGP) to give it more teeth. The sense in Berlin is that the SGP, which limits budget deficits to 3% and debt-to-GDP to 60%, has been…

by Claus Vistesen (picture courtesy of International Business Times) Update: I was so caught up with Ireland today that I didn't notice how Greece also wants its part of the limelight. But fear not; Joseph Cotterhill from Alphaville…

Below is a good comprehensive video highlighting the spending review outlined by the Chancellor George Osborne yesterday in the House of Commons. See relevant articles on this in the links. Here is an unedited version of Mr Osborne's…

Topic of the Day: Britain's Austerity Budget What I didn't say on the BBC | Credit Writedowns It Is Not Just John Maynard Keynes, It Is Milton Friedman Who Is Being Thrown Over the Side - Grasping Reality with Both Hands FT.com…

I was on BBC Radio Five Live at about 4AM local time this morning for a good 5 to 10 minutes, talking about the coalition government's austerity budget. My basic message was that austerity-lite might be defensible but full austerity is…

by Win Thin Markets have given a big thumbs down to the austerity measures announced by Hungary this week, with the forint and foreign currency bonds giving up some of their recent gains.  The government is still trying to go it alone…

The following video is from the Wall Street Journal and serves as a continuation on the theme of investigating the economies of Europe's periphery. These videos are good because it puts a human face on a subject for people unfamiliar with…