Almost everyone, and that includes the IMF and the ECB, now admit that austerity has gone far too far and is now holding back growth. The only exception are the Germans, but even they are now losing ground. They were forced to concede the eurozone bailouts which they never agreed with, they were compelled to […]
Posts Tagged ‘UK’
In the UK as in Greece do you stay with failed policies or change course?
Feb 5th, 2015 by Michael Meacher.
UK stagnation is home grown & down to government
Oct 11th, 2011 by Michael Burke.George Osborne and other Tories as well as their supporters in the media are now promoting the idea that the stagnation of the British economy is a function of the turmoil in the Eurozone economy and financial markets. The main channel for economic weakness in the Eurozone to be expressed in British economic activity is […]
