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Tom Ferguson: Austerity demanded so banks get paid, even though it deepens crisis

www.radiowithjesus.com http Is the financial crisis provoked? will there be a financial collapse? when? what does the Bible say?

Latest financial market news: • FTSE 100 up on decent Asian showing overnight • More M&A excitement with Avis takeover • Glencore and Tesco release results • UK inflation (CPI/RPI) numbers in line with expectations • Investors looking to plentiful US economic indicators data this afternoon, including US retail sales

European markets positive as investors await key US non farm payroll figures out at 1.30pm (GMT)