I think we're talking on rather different levels here... not sure any politicians will have articles published in any journals covering this.
Am happy to re-visit this thread in a few years - interestingly France and the UK both have a target of 2017 to 'balance the budget'.
just thought I'd bump this...
http://www.dailymail.co.uk/news/article-3404921/Hollande-declares-France-state-economic-emergency-throws-1-5-BILLION-reducing-unemployment.html
French President Francois Hollande has declared France is in a 'state of economic emergency' and has promised to spend £1.5billion to try and reduce the country's high unemployment rates.
Mr Hollande today pledged huge spending on a package of measures to fight the stubbornly high unemployment that has dogged his four years in power.
Labelling the country in 'a state of economic emergency' and requiring urgent new measures, the socialist also promised the spending would not come from tax rises.
what a surprise the lefty French govt has made a big mess of things whereas the centre right UK govt (not that I agree with them on everything - NHS for example) has done pretty well as far as economic recovery is concerned
Expect this to be bumped later in the year, private debt peaking combined with quantitative easing leading to asset appreciation does not define a 'recovery' the wheels are already coming off, and I doubt it'll matter too much what country we're in anyway, global contagion yo!
Economic recovery? So why has the interest rate not gone up? You can't taper a ponzi scheme.
Steve Keen is worth a listen, one of very very few to have correctly predicted the 08 crash,
17:30 is where specific countries are discussed (24:20 UK)
