Do you really think our economic way is best? at izbrano

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Do you really think our economic way is best?

Independent - The continuing strength of the euro and the de facto devaluation of sterling in recent months offer a study in comparative confidence. In a neat reversal, Continental Europeans are now coming here to hunt bargains; the euro is helping to shore up our sinking high street.

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Economic Crisis Mounts in Germany

Spiegel - German Chancellor Angela Merkel is putting up a lot of money to try to quiet hysterical markets. At the same time, though, Germany and Europe appear to be sinking quickly into a recession. Experts believe a massive economic stimulus package is needed to stop the slide.

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Europeans feel the pain from the global economic storm

IHT - Few places in Europe have prospered in recent years like this bustling crossroads city of 700,000, halfway between Barcelona and Madrid. Factory employees here pulled overtime shifts. Companies hired temporary workers to satisfy growing consumer demand. A half dozen new bridges were built across the Ebro river and office buildings were filled as [...]

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Let’s throw away the rule book

Guardian by Joseph Stiglitz -Bretton Woods II must establish economic doctrines that work in emerging economies as well as in capitalism’s heartland

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