Watch Live With Talat - 30th June 2009 - 0 views
The Austerity Death Trap - 0 views
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Call it the austerity death trap. Under these circumstances, the harder a country works to cut its debt, the worse the ratio becomes - because the economy shrinks even faster. Greece is already in the trap. Spain and Italy are perilously close. Even Britain, France, and Germany are tip-toeing up to it. And now us. Deficit hawks have to understand: The first step must be to revive growth and jobs. That way, revenues increase and the debt/GDP ratio drops. Only then - when the economy is back on track - do you start cutting.
Berlusconi - 0 views
I wrote a little piece on my blog about Italy's PM and his ability to evade legal responsibility and preserve in power. Check it out and leave comments: http://nalmeida75.wordpress.com/2009/10/13/...
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