Time to shift from austerity to growth strategy - Editorial - JamaicaObserver.com

Time to shift from austerity to growth strategy - Editorial - JamaicaObserver.com: "he G-8 countries met at Camp David in the United States yesterday with economic issues such as energy, debt, food security, bank regulation and trade topping their agenda.
The security matters will be dealt with in greater detail at the NATO summit which follows in Chicago today and tomorrow.
Naturally, focus was on the impending debt default of Greece and its possible exit from the Euro currency system. The Europeans are determined to forestall the economic implosion of Greece, even though its relatively small size does not constitute a systemic threat to banks in the European Union or to the Euro."

'via Blog this'