Reading List: European super highway of debt

31st January 2012

European Super Highway of Debt

These infographics show how much banks lent to Portugal, Ireland, Italy, Greece and Spain (PIIGS). Europe is in a deep crisis, and this shows how much must be repaid. Demonocracy

 

Neville Chamberlain was Right

Brad DeLong compares Neville Chamberlain's dependence on fiscal stimulus to restore the price level to its pre-depression trajectory to the failed expansion-through-austerity policy being pursued nowadays by George Osborne. Project Syndicate

 

Why the Eurozone Can't Just Muddle Through

Michael Sivy says the a growing optimism coming out of the World Economic Forum last week that the common European currency can be saved is unrealistic if you look at the numbers. TIME

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