Eurozone deflation and austerity
A new probe known as ‘Operation Choke Point’ is asking banks to identity customers who they believe may be breaking the law. Erin takes a look. Lorcan Roche Kelly, chief analyst at Agenda Research discusses the ECB and if it should start quantitative easing as well as austerity in Europe. Professor Stephen Kinsella, an economist at the University of Limerick, gives his view on the Irish recovery, austerity and the threat of deflation. In Big Deal, Edward Harrison and Erin talk about the reappearance of the adjusted rate mortgage and what it means for the housing market.
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