Is Joseph Stiglitz right calling European austerity a suicide pact?

Will Europe's economies collapse due to fiscal austerity? That's the opinion of Nobel Prize winning economist Joseph Stiglitz. Devote one minute to watching what he has to say: Stiglitz simply cannot understand how Europe can hope to get their economies growing again with austerity, austerity and yet more austerity. Or as he put it "It […]

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