Killing Europe Cruelly With Economic Austerity

The European Union is embarked on the ruinous path of economic austerity during a recession.    


Across the break are a few highlights from Jeff Madrick's article on the destructive effects of the economic austerity measures implemented in the eurozone.

Quotation for Today: Leveraged Buyouts of Governments

“I cannot have success with my policies if the E.U.’s policies don’t change.”

Mario Monti