To save the Euro or go for growth?

Posted by theonlinesociety On December - 4 - 2011 Comments Off
Euro - China

Douglas Carswell Saving the Euro, suggest ministers, will restore economic growth to Britain. It is, they imply, the most important thing we must do to ensure our own recovery. Perhaps if the single currency was such a panacea for growth, we’d have seen a little more of it in stagnant Euroland this past ten years?  [ Read More ]

The Treasury isn’t working

Posted by theonlinesociety On November - 6 - 2011 Comments Off
George Osborne

Douglas Carswell So, where’s the growth? Interest rates are low, public spending is actually rising and the Bank of England is printing money. In other words, we’ve been doing all those things we keep being told would give us growth. Except the economy continues to more or less flat line. Perhaps it is time to  [ Read More ]

Categories: All Articles, Economy

The Eurozone’s proposed “rescue package” isn’t a solution to the crisis

Posted by theonlinesociety On October - 6 - 2011 Comments Off
Eurozone Summit

Ruth Lea Last weekend’s IMF and G20 meetings were of the utmost significance. Amidst crashing equity markets and IMF downgrades, the Eurozone’s leaders came under intense criticism and pressure from other participants to “resolve” the Eurozone crisis, which has been proving so destabilising to the financial markets. US Treasury Secretary Timothy Geithner, for example, called  [ Read More ]

Beware of “experts” demanding our money

Posted by theonlinesociety On October - 4 - 2011 Comments Off
bandit

Douglas Carswell “If you don’t hand over your money” threaten bandits and highway men down the ages “the consequences will be terrible”. There has been no shortage of “city experts” issuing dire warning of what will happen if EU governments do not take action to deal with the crisis in Euroland. But invariably these demands  [ Read More ]

Categories: All Articles, Economy
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