NewsWhore
12-06-2011, 07:30 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGqccrDFlgUZy0O0FPZd8MLtV5UHA&url=http://www.bloomberg.com/news/2011-12-07/u-k-needs-cameron-s-austerity-program-but-perhaps-not-so-quickly-view.html)
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U.K. Needs Cameron's Austerity Program, but Perhaps Not So Quickly: View (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGqccrDFlgUZy0O0FPZd8MLtV5UHA&url=http://www.bloomberg.com/news/2011-12-07/u-k-needs-cameron-s-austerity-program-but-perhaps-not-so-quickly-view.html)
Bloomberg
Because Britain still has a currency of its own, and a central bank that can act as lender of last resort, a gentler form of fiscal tightening would have been feasible. Wouldn't that have alarmed the markets? It's impossible to be certain -- but such a ...
and more » (http://news.google.com/news/more?ned=us&ncl=dLxMvYivZ0B_7NM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGqccrDFlgUZy0O0FPZd8MLtV5UHA&url=http://www.bloomberg.com/news/2011-12-07/u-k-needs-cameron-s-austerity-program-but-perhaps-not-so-quickly-view.html)
Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGqccrDFlgUZy0O0FPZd8MLtV5UHA&url=http://www.bloomberg.com/news/2011-12-07/u-k-needs-cameron-s-austerity-program-but-perhaps-not-so-quickly-view.html)
<img alt="" height="1" width="1" />
U.K. Needs Cameron's Austerity Program, but Perhaps Not So Quickly: View (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGqccrDFlgUZy0O0FPZd8MLtV5UHA&url=http://www.bloomberg.com/news/2011-12-07/u-k-needs-cameron-s-austerity-program-but-perhaps-not-so-quickly-view.html)
Bloomberg
Because Britain still has a currency of its own, and a central bank that can act as lender of last resort, a gentler form of fiscal tightening would have been feasible. Wouldn't that have alarmed the markets? It's impossible to be certain -- but such a ...
and more » (http://news.google.com/news/more?ned=us&ncl=dLxMvYivZ0B_7NM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGqccrDFlgUZy0O0FPZd8MLtV5UHA&url=http://www.bloomberg.com/news/2011-12-07/u-k-needs-cameron-s-austerity-program-but-perhaps-not-so-quickly-view.html)