Sun, 19 May 2013
| Index | Last | Var.(%) |
|---|---|---|
| BEL 20 | 2732.29 | 0.18 |
| DAX | 8398 | 0.34 |
| IBEX 30 | 8582.4 | 0.47 |
| CAC 40 | 4001.27 | 0.56 |
| FTSE 100 | 6723.06 | 0.53 |
| AEX | 368.08 | 0.74 |
| DJIA | 15354.4 | 0.80 |
| Nasdaq | 3498.97 | 0.97 |
| FTSE MIB | 17604.61 | 0.35 |
| TSX Composite | 12613.05 | 0.84 |
| ASX | 5159.8 | 0.30 |
| Hang seng | 23082.68 | 0.17 |
| Straits Times | 3449.3 | -0.09 |
| ISEQ 20 | 648.77 | 0.12 |
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As Spain trembles on the precipice of becoming the next EU member to require bailout funds, the government in Madrid has nationalized one of Spain's largest banks in a bid to shore up its ailing financial sector.
Why is anyone anywhere still debating austerity. Every time it has been tried anywhere it has failed. Austerity starves an economy. It deepens and prolongs recessions, often turning recessions into depressions.
Limits on debt are fine in good times, but during recessions, they are just plain stupid.
Why is anyone anywhere still debating austerity. Every time it has been tried anywhere it has failed. Austerity starves an economy. It deepens and prolongs recessions, often turning recessions into depressions.
Limits on debt are fine in good times, but during recessions, they are just plain stupid.
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