Europe\u2019s Populists at the Gate by Barry Eichengreen – Project Syndicate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Barry Eichengreen writes: In focusing on summit declarations and promises of far-reaching reforms of EU institutions, investors are missing the real risk: the collapse of public support for, or at least public acquiescence to, the austerity policies required to work down heavy debt burdens \u2013 and for the governments pursuing these policies. Mass anti-austerity protests … <\/p>\n
Continue reading “Europe\u2019s Populists at the Gate by Barry Eichengreen – Project Syndicate”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,33],"tags":[289,1295,2904],"class_list":["post-6111","post","type-post","status-publish","format-standard","hentry","category-economy","category-uk-europe-countries-regions","tag-austerity","tag-euro-zone","tag-rejectionist-government"],"yoast_head":"\nEurope\u2019s Populists at the Gate by Barry Eichengreen - Project Syndicate - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe\u2019s Populists at the Gate by Barry Eichengreen - Project Syndicate - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Barry Eichengreen writes: In focusing on summit declarations and promises of far-reaching reforms of EU institutions, investors are missing the real risk: the collapse of public support for, or at least public acquiescence to, the austerity policies required to work down heavy debt burdens \u2013 and for the governments pursuing these policies. 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At this point, it has only days to avert the worst. It is critical that leaders distinguish what must be done now from what can be left for later. The first urgent task is for Europe to bulletproof its\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7544,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/24\/debunking-austerity-claims-makes-no-difference-to-europes-monks-and-zealots-telegraph-blogs\/","url_meta":{"origin":6111,"position":1},"title":"Debunking austerity claims makes no difference to Europe’s monks and zealots | Telegraph Blogs","author":"ColinTwiggs","date":"April 24, 2013","format":false,"excerpt":"Ambrose Evans-Pritchard attacks euro-zone austerity: Britain's public debt was 260pc of GDP in 1816 at the end of near perma-wars: Seven Years War, American War of Independence, and the Napoleonic Wars. This was whittled down to 24pc over the next century by the magical compound effects of economic growth. The\u2026","rel":"","context":"In "Debt Levels"","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4090,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/16\/europes-economic-suicide-nytimes-com\/","url_meta":{"origin":6111,"position":2},"title":"Europe\u2019s Economic Suicide – NYTimes.com","author":"Colin Twiggs","date":"April 16, 2012","format":false,"excerpt":"Paul Krugman: If European leaders really wanted to save the euro they would be looking for an alternative course. And the shape of such an alternative is actually fairly clear. The Continent needs more expansionary monetary policies, in the form of a willingness \u2014 an announced willingness \u2014 on the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6325,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/03\/noam-chomsky-europes-policies-make-sense-only-on-one-assumption-that-the-goal-is-to-try-and-undermine-and-unravel-the-welfare-state-europp\/","url_meta":{"origin":6111,"position":3},"title":"Noam Chomsky: \u201cEurope\u2019s policies make sense only on one assumption: that the goal is to try and undermine and unravel the welfare state.\u201d | EUROPP","author":"Colin Twiggs","date":"December 3, 2012","format":false,"excerpt":"Noam Chomsky in an interview with EUROPP editors Stuart A Brown and Chris Gilson: Europe\u2019s policies [austerity during a recession] make sense only on one assumption: that the goal is to try and undermine and unravel the welfare state. And that\u2019s almost been said. Mario Draghi, the President of the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1560,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/25\/stimulus-spending-austerity-and-public-debt-james-galbraith\/","url_meta":{"origin":6111,"position":4},"title":"Stimulus spending, austerity and public debt: James Galbraith","author":"ColinTwiggs","date":"October 25, 2011","format":false,"excerpt":"Prof. James Galbraith on fiscal stimulus and public debt: [gigya src=\"http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf\" width=\"576\" height=\"324\" quality=\"high\" wmode=\"transparent\" allowFullScreen=\"true\" flashVars=\"vid=27057059&browseCarouselUI=hide&\"] Agree: Fiscal stimulus should not be a short-term program that will run out. The term should be 10 to 20 years so that business can make long-term plans. Stimulus spending should focus on\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4555,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/06\/when-austerity-fails\/","url_meta":{"origin":6111,"position":5},"title":"When Austerity Fails","author":"Colin Twiggs","date":"June 6, 2012","format":false,"excerpt":"Austerity decimated Asian economies during their 1997\/98 financial crisis and similar measures have failed to rescue the PIIGS in Europe 2012. David Cameron's austerity measures have also not saved the UK from falling back into recession. So why is Wayne Swan in Australia so proud of his balanced budget? And\u2026","rel":"","context":"In "Debt Levels"","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6111"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6111\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}