Joseph Stiglitz: Austerity is a suicide, it will kill Europe

Ahead of the 2012 world economic summit in Davos, leading US economist Joseph Stiglitz is interviewed by the Hong Kong financial website Quamnet and cautions against the austerity measures being implemented in many European countries: 'the big message that I’m going to talk about in Davos is that the strategy of austerity is a suicide. It will kill Europe, it will kill America and also the global economy. That’s really the important message. You have to get growth' http://www.quamnet.com/newscontent.action?articleId=2150970