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Archive for Austerity

Nervous Breakdown

Will global financial markets reach a breaking point during the month of October?  Right now there are all kinds of signs that the financial »»

Word of the Year: Austerity

The noun was searched so many times on Merriam-Webster’s website, the dictionary decided to make it word of the year. According to John »»

In Austerity We Trust

In economics, austerity is when a government reduces its spending and/or increases user fees to pay back creditors. Austerity is usually required when a government’s »»