Can Europe escape the debt trap? Yes – and here’s how | Costas Lapavitsas and Andy Storey
Today activists in Ireland are following Greece’s example by launching a public audit of the country’s debt to establish its legitimacy Financial markets have successfully demanded the imposition of severe austerity on the periphery of the eurozone – Greece, Ireland and Portugal – to deal with public debt. The markets have also raised concerns about it in the United States, Britain and Japan …
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