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Violent Clashes Break Out As Thousands Protest Austerity Next To New ECB Headquarters In Frankfurt: Live Webcast

zerohedge.com / by Tyler Durden / 03/18/2015 06:44 -0400

It’s not just Greece which is protesting the utter lack of reforms enabled by the ECB known as “austerity” – as of today so is Germany itself with the so-called #Blockupy movement. According to local media reports, the start of anti-austerity rallies in Frankfurt coincided with […]

Stocks Coiled To Soar On Any Positive Greek News

zerohedge.com / by Tyler Durden / 02/20/2015 06:47 -0500

With the new and revised (until it is re-revised again to some future date), Greek D-Day set for today’s third in the past 2 weeks Eurogroup meeting, every favorable headline serves as a springboard for ES-buying algos, while every negative headline is promptly ignored. And […]

Modern Economics: Austerity

jessescrossroadscafe.blogspot.com / BY JESSE / 16 FEBRUARY 2015

“In Greek mythology Sisyphus (Greek: Σίσυφος) was the king of Ephyra. He was punished by the gods for his chronic deceitfulness by being compelled to roll an immense boulder up a steep hill, only to watch it roll back down, over and over again.” In the modern […]

Austerity Queen Angela Merkel Ready for Compromise on Greece?

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, February 12, 2015 9:11 PM

Talk of Compromise is in the air. Reports suggest that German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras may both be willing to compromise. However, details are still sketchy.

Bloomberg reports Greece, Germany Said to Offer Compromises on Aid Terms

[…]

Greece Gambles On “Catastrophic Armageddon” For Europe, Warns It “Only Has Weeks Of Cash Left”

zerohedge.com / by Tyler Durden / 02/07/2015 20:05

One of the bigger problems facing the new, upstart Greek government, which has set before itself the lofty goal of overturning 6 years of oppressive European policies and countless generations of Greek cronyism, corruption and tax-evasion is not so much the concern about deposit outflows and […]

Pact With the Devil? Syriza Projection 150 Seats; Coalition Deal Already; “Indisputable Mandate to Leave Austerity”

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Monday, January 26, 2015 12:46 AM

One Short of Outright Majority

With vote counting nearly over, it appears Syriza captured exactly half of the 300 member Greek parliament with approximately 36.3% of the vote compared to 27.8% for New Democracy.

That was a solid trouncing, nearly double the 4-5% […]

Blowout Victory For Syriza In Greek Elections: Live Webcasts

zerohedge.com / by Tyler Durden / 01/25/2015 12:12

UPDATE: Greek Government official admits electoral defeat by Syriza

As AP reports,

A senior official in Greece’s governing conservatives has conceded defeat to the radical left Syriza party in Sunday’s national elections.

“We lost,” Health Minister Makis Voridis told private Mega TV. […]

Riots in Brussels: 100,000 Protest Austerity, Overturn Cars, Throw Fire Bombs; Wherefore Art Thou Austerity?

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, November 06, 2014 3:43 PM

In Search of Austerity

In spite of the fact there has been little-to-no austerity to speak of in Europe, or anywhere else in the world for that matter, (rising government debt proves that claim), France moans about austerity, Spain moans about austerity, Italy […]

Austerity as Economic Liberation

mises.org / by Peter St. Onge / Thursday, October 30, 2014

George Soros is back in the news telling Germany who to bail out this week. Soros is especially sore at Germans for promoting austerity, so it’s a great time to ask: does austerity grow an economy?

Why do we care? Investors want to […]

France In “Political Turmoil” After Hollande Unexpectedly Dissolves Government

zerohedge.com / by Tyler Durden / 08/25/2014 08:02 -0400

Earlier this morning, those expecting an out of control European deflationary tumble got one step closer to their goal when French President Francois Hollande asked his prime minister, who only assumed the post a few short months ago in March, to form a new government, following […]

The Austerity Diaries: Creating a Budget…and Sticking to It

theorganicprepper.ca / Daisy Luther / July 7, 2014

Lots of experts will give you excellent advice on how to create a budget. Creating a budget is actually pretty easy. You figure out what your expenses are, take this from your income, and then figure out what to do with the money you have […]

Austerity Strikes The Fed: Boston Reserve Bank Slashes 160 Jobs Due To US Treasury Cost-Cutting

zerohedge.com / by Tyler Durden / 05/08/2014 08:07 -0400

As The Fed tapers and shifts its decision-making process away from rules-based, model-backed strategies in favor of “we’ll know when to tighten when we see it” qualitative hand-waving, it seems the need to maintain teams of PhDs – to mutually masturbate over the […]

French Protest Against Austerity and Prime Minister Valls

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Sunday, April 13, 2014 10:32 PM

The French have taken their crusade against austerity to the streets. Organizers say 100,000 hit the streets, government officials say 25,000.

The truth is likely to be somewhere in the middle, but as noted numerous times recently, prime minister Manuel Valls is […]

IMF Demands Austerity for Ukraine

armstrongeconomics.com / by Martin Armstrong / March 28, 2014

The IMF (International Monetary Fund) announced on Thursday that a $14 to $18 billion “bailout” for Ukraine is contingent on Kiev’s imposition of stringent austerity measures. It is amazing that not even Obama would comply with such austerity. These people have no clue as to how […]

IMF Plans Massive Austerity For Ukraine According To Crimea Leaders

alt-market.com / Brandon Turbeville / Tuesday, 18 March 2014 04:54

If statements made by Deputy Prime Minister of Crimea, Olga Kovitidi, are to be taken as truth, the future of Ukrainians living under the yoke of Fascists, the European Union, and the IMF will be yet another example of the imposition of […]

Ukraine Must Expel the Care-Taker Government And Start a New Path

armstrongeconomics.com / by Martin Armstrong / March 8, 2014

The care-taker leaders are the typical bureaucrats who will destroy Ukraine and everything the people have fought for. Oleksandr Vіktorovich Shlapak (Олександр Віталійович Шлапак) is the Ukrainian politician, bureaucrat, and the current Minister of Finance in Ukraine since February 27th. He offers NOTHING worthwhile for […]

An End to Austerity?

mises.org / by Mark Thornton / Thursday, February 27, 2014

President Barack Obama has recently released his budget in which he calls for an “end of austerity.” This is an amazing statement from a president whose government has spent the highest percentage of GDP in history and added more to the national debt than […]

Firing Squads Set To Return With A Bang, As Lethal Injection Shortage Persists

zerohedge.com / by Tyler Durden on 01/19/2014 20:39

Chalk this one up to US (f)austerity, and a $1.1 trillion omnibus spending bull that forgot to add Pentobarbital among the billions in pork spending.

Two months ago we reported that due to a shortage of Pentobarbital, Ohio would be unable to execute death row convicts. It […]

Low wage capitalism with a dab of cronyism: Of job sectors with the highest growing raw number of positions 9 out of 10 will pay $35,000 a year or less with little to non-existent benefits.

mybudget360.com / by mybudget360 / January 11, 2014

There was a big miss with the latest employment report. The addition of 74,000 jobs produced the weakest employment report going back to January of 2011. Yet part of this is not a surprise given the weak retail sales over the holidays at the expense of cash […]

Toxic Smoke Cloud Engulfs Greece; Six Years of Relentless Recession; Horrific Statistic

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Monday, December 30, 2013 1:35 AM

Please consider a mass of grim statistics regarding Greece, via translation from the El Pais article: Ruined Greece takes the helm of the EU in the first half of 2014.

On January 1, Greece assumes the rotating presidency of the European Union in […]