Saudi Arabia and its Gulf allies are all grappling with crumbling economies and shorted national budgets under the weight of low oil prices and currently unachievable break - even points. (oilprice.com)
Michael Hudson critiques austerity measures amidst the global preference for crumbling economies over taxing privilege. (michael-hudson.com)
Politicians in Athens will have to show some serious guts to enforce the austerity measures demanded by its European creditors in the face of a crumbling economy and an angry populace. (business.time.com)