News Links: Europe can learn from Japan’s austerity endgame as Japan’s economy continues to shrink

4 Comments
  1. Dave Holden says

    The FT article misses the point – impressive since he clearly highlights a political dimension just the consequence rather than the cause.

    Does the Italy government want to introduce austerity? Does the Spanish government want to also? I doubt it, they are being required to by the creditor nations. What he needs to ask is why are the creditor nation politicians requiring that and the answer is that they answer to their own electorates. And therein lies the problem of the EZ – the lack of a common electorate.

    William Black on Financial Fraud http://www.econtalk.org/archives/2012/02/william_black_o.html

    Given the consequences for millions of ordinary working people the above is 1 hour 22 minutes that will render you speechless.

    1. Edward Harrison says

      Dave, I posted that one last week. it’s good stuff and I am listening to it right now by chance

      1. Dave Holden says

        Oh sorry, I must have missed it.

        Yes EconTalk is the kind of thing you just don’t get from the MSM.

  2. Dave Holden says

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