Tag Archives: austerity

Pick of the day: German Communities Forced to Find Creative Ways to Reduce Debt – SPIEGEL ONLINE

“Outwardly, at least, Germany is thriving. But some 130 billion euros in combined debt are forcing communities to find creative ways to cut costs. The city of Goslar, for example, hopes that killing the lights at night will bring a … Continue reading

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Pick of the day: The Washington Post – An amazing mea culpa from the IMF’s chief economist on austerity

by Ares Kalandides As the economic crisis in Europe deepens, I find it harder and harder to talk about places as if they were isolated and their development only depended on endogenous factors. For that reason I will be reblogging … Continue reading

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