14th May 2012
Economist Paul Krugman explains why additional aid to state and local governments, the refinancing of Fannie Mae and Freddie Mac mortgages and filling the vacancies on the Federal Reserve board will help fix the US economy. Reuters
The Wall Street Journal's Liz Rappaport, Michael Greenberger of the University of Maryland School of Law and consultant Bert Ely discuss the details of how the bank lost $2 billion over a six week period. PBS Newshour
The fact that many European countries haven't cut spending at all means critics of austerity like Paul Krugman and Larry Summers have got it all wrong, argues Veronique de Rugy. Reason TV
David Blanchflower, a former Bank of England policymaker, says its governor – Mervyn King – is too focused on inflation and missed an opportunity last week to boost the bank's quantitative easing program. Bloomberg Television
John Peet believes if the Greeks end up saying they want to stay in the euro but are not willing to fulfil the conditions of austerity and further reform that their euro paymasters are imposing – then a Greek departure from the euro would become inevitable. The Economist Magazine
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