Germany funds much of its export surplus by exporting its own capital instead of investing it in its own nation. Much of this investment capital is either poorly invested or is lost. Thus being “export world champion” results in the own immiseration.
Related Articles
Malta Indpendent: EU decision to remove Panama, seven others from tax-haven blacklist, triggers outrage
The EU farce concerning tax havens continues. According to the EU Commission, with the exception of a few islands no one ever heard of, there are no more tax havens. Read here
Kathimerini – Greece: The long-run demographic consequences of the economic crisis
The Greek crisis imposed by the Troika, but before all by Germany, has not only decimated the economy, but also the population, as Bob Traa explains in this article. A smaller population means a smaller economy, […]
Owen Jones: Young people are rewiring capitalism with their McStrike
A precarious and exploited workforce has had enough: young employees are joining unions and demanding to be heard Read here
Be the first to comment