Bad Credit Loans

Germany is held up by deficit hawks as an ideal for other, less successful economies such as Spain’s to emulate. Big mistake Germany’s economic recovery has gathered steam lately and is being used – in both the European and the US press – to promote the view that Germany “had the formula right all along” and [...]

David Cameron, hailed the meeting a success after he won endorsement for the coalition government austerity measures Failure at the G20 to tackle huge Chinese and German trade surpluses will wreck plans for growth and consign tens of millions of people to unemployment, according to a report . An agreement by ministers to cut annual public [...]

The development agenda will take a back seat as the summit focuses on how to remedy Europe’s lurch back to fiscal austerity The new kid on the block says that too often international meetings fail to live up to the hype and promises made. The old hand in the room just wants to get through this [...]

Calls to cut social security come from economists who want to line Wall Street pockets with money from ordinary workers When politicians demand that the public do something because of the dictates of financial markets, it is best to hold on to your wallet. Back in September of 2008, both President Bush and the Democratic leadership [...]

As Britain’s politicians try to fudge what cuts mean, US voters are involved in making the grim choices Tell us the truth! Spell out the pain! It’s a splendid, somewhat self-righteous mantra. But let’s go somewhere suitably distant – say, on a round tour from Sacramento to Albany to Trenton, New Jersey – and hear the [...]

China and Germany exploit the global system without accepting reciprocal responsibilities to manage it. It cannot go on In the darkest hours of the financial crisis in the autumn of 2008, it was obvious that all nations’ economic destinies were intertwined. Today, that sense of a collective global economic interest is receding. On 15 April, a [...]

As New York’s rich get richer, public services brace themselves for draconian cuts from which they may never recover Life in New York is about to get very interesting. Like so many other states, New York is in the red, facing a budget deficit of $9bn dollars in the coming fiscal year. In response to that [...]

While the healthcare bill is moderate in ambition and scope, it will have far-reaching effects in the public and private sector Aside from Democratic cheers, there was no immediate sign that the passage of healthcare reform last night will have a major impact. (No, the socialist utopia has not yet begun.) But, while the bill is [...]

Federal Reserve chairman Ben Bernanke says fiscal exit strategy is important for US economy’s prospects Federal Reserve chairman Ben Bernanke has urged the US Congress to bolster market confidence by drawing up plans to address America’s gaping budget deficit. Giving his twice-yearly testimony to the house financial services committee, the chairman agreed that the current deficit path [...]

After the phoney peace, the macroeconomic war is afoot again. And this time it starts with letters For macroeconomists, it is quite like old times. Over the last decade, ­economists seemed to share a broad ­consensus about economic policy, with the old splits ­between monetarists and Keynesians apparently being settled by events. But the Great Recession of [...]