Britain is in a double-dip recession, warns top economists – Telegraph

January 15, 2012 By dralfoldman in Austerity, Euro Crisis, Keynesian, Neoliberal, Politicians, Politics, Unemployment Tags: Economy of the United Kingdom, Politics, Recession, Recession shapes, Telegraph 2 Comments

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This is breaking news and this article in the Telegraph is worth checking out!

Britain is in a double-dip recession, warns top economists – Telegraph.

Britain is in a double-dip recession, warns top economists (telegraph.co.uk)
Savage recession looms as EC warns of slower growth in Europe – Telegraph (skillsinfo.wordpress.com)
Experts predict deeper recession for Britain (independent.co.uk)
UK ‘double dip’ recession expected by most finance directors (telegraph.co.uk)
Euro break-up is biggest threat to firms (dailymail.co.uk)

Ratings downgrade: Average common denominator | The Economist

January 15, 2012 By dralfoldman in Austerity, Central banks, Central Government, Euro Crisis, Neoliberal, ordoliberalism Tags: Austria, Bond credit rating, Eurozone, France, Germany, Lowest common denominator, Spain, Standard & Poor 2 Comments

This is the front page of The Economist, on Ma...

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This is an interesting article from the Economist and worth a read. Check it out!

Ratings downgrade: Average common denominator | The Economist.

The point that caught my attention is the last paragraph that speculates on possible German downgrade at some stage.

Is it just remotely possible that the UK retains its AAA status and Germany is downgraded – with Germany tainted by the Euro contagion?