The European Vice

Start here today (NYT):

FRANKFURT — Citizens from Prague to Paris to Amsterdam have made it abundantly clear the last few days that they are tired of the economic austerity forced on them by the euro zone debt crisis.

But as the budget-cutting pain of reduced government benefits and social services brings protesters to the streets and drives support for nationalist or far-left parties, it is not clear what the economic alternative might be. Rejecting austerity budgets in favor of more government spending will not automatically ensure economic growth, many economists say.

This stuff matters again, Felix Zulauf’s been talking about the spring 2012 administration/election season as something to watch for since early last year. The idea of spending to engender some growtgh is nice, until you remember that there simply is no money to do so and no willing lenders without the “major reforms” strings-attached.

The governments continue to topple as the divide between the Austerians and the Stimulistas grows with every passing recessionary day.

Source:

A Europe Tired of Cutbacks Has Few Alternatives (NYT)

 

 

What's been said:

Discussions found on the web
  1. bitcoin era review commented on Sep 23

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  2. Bitcoin Era Review commented on Sep 28

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  3. blazing trader review commented on Sep 28

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  4. 먹튀검증하는법 commented on Nov 07

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  5. toto hk commented on Dec 01

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  6. 메이저놀이터 commented on Dec 15

    … [Trackback]

    […] There you can find 97704 more Info on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  7. cheap wigs commented on Dec 17

    … [Trackback]

    […] There you will find 63284 more Info to that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  8. cvv fullz commented on Dec 23

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  9. https://library.kiu.ac.ug/ commented on Dec 28

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  10. replica rolex commented on Dec 29

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  11. CI CD Services commented on Jan 15

    … [Trackback]

    […] There you will find 74869 additional Info to that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]

  12. Digital Transformation commented on Jan 15

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2012/04/24/the-european-vice/ […]