Today’s cheer in eurozone financial markets obscures a steadily weakening economic foundation
Read here
Ashoka Mody: Greek bonds now yield less than Treasurys, and that’s as irrational as it was in 2007
Austerity
Heiner Flassbeck: Reform of the European fiscal rules? The German finance minister is blocking a reasonable reform
Germany is set on its iron fist economic discipline dogma that has caused so much damage to EU members. A look at the case of Greece. Read Here
Economics
TradingPedia – German Recession: Germany’s February retail sales drop the most since Oct 2022
Retail sales in Germany decreased at a monthly rate of 1.9% in February, data by the Federal Statistical Office showed on Thursday. The actual figure confounded market expectations of a 0.3% monthly growth In annual […]
Economics
Ann Pettifor: Capitalism Devours Crypto
… by blowing up and looting DeFi to enrich TradFi Read HERE
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