‘Recessions can hurt, but austerity kills’ | Politics | The Guardian

This is an excellent article published in the Guardian and I would recommend it as a “must read”. Check it out!

via ‘Recessions can hurt, but austerity kills’ | Politics | The Guardian.

The article quotes extensively from David Stuckler’s new book. Stuckler is a researcher at Oxford University specializing in the economics of health.

Here is a small quote from the Guardian article to give you a flavor:

So in this current economic crisis, there are countries – Iceland, Sweden, Finland – that are showing positive health trends, and there are countries that are not: Greece, Spain, now maybe Italy. Teetering between the two extremes, Stuckler reckons, is Britain.

The UK, he says, is “one of the clearest expressions of how austerity kills”.

It seems that the UK Government is once again in denial and the Department of Health is massaging the suicide statistics.

Any thoughts?

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Anti Euro Party Alternative for Germany a Growing Problem for Merkel – SPIEGEL ONLINE

Angela Merkel, the Chancellor of Germany

Angela Merkel, the Chancellor of Germany (Photo credit: Wikipedia)

This is an excellent article from Spiegel Online and well worth a read. Check it out!

Anti Euro Party Alternative for Germany a Growing Problem for Merkel – SPIEGEL ONLINE.

The article provides some useful insights into German politics ahead of the September election. For me, perhaps the most interesting comment was about the  German Chancellor‘s anger at drawing attention to the anti-Euro party that favors leaving the Euro. Whilst I accept that Angela Merkel is an excellent leader and very shrewd politically, it worries me that she is described as being “angry”. Is Angela Merkel perhaps in denial about the Euro crisis?

Off course, German domestic politics is very different to international politics. Within Germany, there is perhaps the prevailing view that Germany has done too much to bail out the weaker countries of Southern Europe. On the other hand, the international view is that Germany has not done enough to reflate her economy to ease the pain of austerity in Southern Europe.

Against this polarization of views, it is not surprising that Angela Merkel is worried about the anti-Euro party that favors leaving the Euro.

I would be interested in your views on the following question:

Is Angela Merkel in denial about the Euro crisis?

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