Reading List: Is Greece’s the longest recession in history?
- 29 February 2012
Does this gaffe prove that Mitt Romney is a closet Keynesian? – "If you just cut, if all you're thinking about doing is cutting spending, as you cut spending you'll slow down the economy." New York Times
Greece is in the midst of a recession that has been described as the longest ever recorded. But how does Greece's predicament compare to other tough times in world history? BBC
The case for austerity appears increasingly weak. But this article argues that the case for it becomes stronger when you look at Asian countries' path from the financial crisis in the late 1990's to surprising growth and prosperity today. Project Syndicate
"Obama apparently does not know that the European countries that have become "fairer" over the past two decades are now basket cases of debt, social unrest." Forbes
Whatever you call it, crude oil is a sought after resource that drives the global economy, just look at how oil prices have risen this year alone. This infographic shows how high oil prices affect the U.S. economy. Submit Infographics
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- Today's UK production hiccup poses the question of will we regain past peaks?
- Will Grecovery be strong enough to lift Greece out of its economic depression?
- Who would have though such a large trade deficit would be accompanied by a rising UK Pound?
- House prices rise by 8.8% in 12 months says Halifax though monthly price falls by 0.6%
- Rents rise 4% in Prime Central London with Marylebone leading the way up 23%
- Weak demographics and lack of economic growth are real problems for Portugal
- Be proactive; don’t procrastinate
- British ex-pats in the Eurozone see value of state pension rise 26% in five years as sterling strengthens
- This is an "unloved" rally. Expect a bumpy transition to a normal environment says JP Morgan's Stephanie Flanders
- Just like Bill Gates - 10% of over 50s not planning to leave their children money