Tag Archives: Austerity

Austerity strike paralyses Greece

(click here if video is not observable)

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Police protest against austerity in Portugal

Normally they are on the other side of the barricades. But hundreds of police officers have gathered in Lisbon to call for the Prime Minister to resign and to condemn next year’s budget, which includes the biggest tax hikes in … Continue reading

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Greece Creates 70K Government Jobs While Promising Cuts

How will Greece’s official creditors react? (click here if video is not observable)

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Stratfor: Effectiveness of Austerity in Europe (Portfolio)

(click here if video is not observable)

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Stratfor: Germany’s Eurozone Dilemma

It’s the politics, stupid!  Will the Germans and the rest of the core open up their checkbook to the periphery?  Doubtful. (click here if video is not observable)

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Real Pain in Spain

Youth unemployment (<25 years) running at 50 percent!   The stuff the “clash of generations” is made of.  It’s starting to feel the world is about three sparks away. (click here if video is observable)

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Real Pain in the Eurozone

(click here if video is not observable)

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Athens traders count the cost of anti-austerity riots

(click here if video is not observable)

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Brazil’s Roussef warns Europe on austerity

(click here if video is not observable)

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Austerians Rising

Interesting chart from the Economist.  Note the Brits are  much less supportive of spending cuts as they are actually experiencing the pain of an austerity program.  In other countries austerity is more of a concept than a reality. The Economist … Continue reading

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