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First, the Spanic (for a panic in Spain). We’ve just seen one rescue package for the troubled Spanish banks. But who says 100 billion euros is enough? This is a country that is sliding into deep...

http://www.washingtonpost.com/business/economy/as-world-economic-growth-ebbs-talk-of-new-stimulus-surges/2012/06/12/gJQAMSX5XV_story.html?hpid=z3

rd Schneider, Updated: Tuesday, June 12, 3:50 PM
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On U.S.:

http://www.marketwatch.com/story/myth-of-perpetual-growth-is-killing-america-2012-06-12?pagenumber=2
But just because a large group collectively believes in something doesn’t make it...

Krugman:
At that point, Europe’s lack of political union became a severe liability. Florida and Spain both had housing bubbles, but when Florida’s bubble burst, retirees could still count on getting...

Stiglitz negative about Spanish bail-out, calls it “voodoo economics”
The plan to lend money to Spain to heal some of its banks may not work because the government and the country's lenders will in...

STIGLITZ: Spain Is In A 'Vicious Downward Spiral' Right Now | Jun. 11, 2012, 1:43 PM
Simply put, Europe is a mess right now and the nature of the problem lies in Spain.
"As money moves out of the...

http://www.huffingtonpost.com/2012/06/10/joseph-stiglitz-spain-bank-bailout-euro-reforms_n_1585399.html


* Nobel laureate a long-time critic of austerity packages

* Says European Union must...