A brilliant example of the spiral we are facing. Short and succinct. Everyone was praising globalisation, but apparently they do no understand it.
Economics
ifo – German Recession: ifo German Business Climate Index deteriorates
The sentiment among companies in Germany is on a downward trend. The ifo Business Climate Index fell from 87.0 points in July to 86.6 points in August. Companies assessed their current situation as worse. In […]
Corruption
The Guardian: Cyprus ‘selling’ EU citizenship to super rich of Russia and Ukraine
While hundreds of thousands of refugees risk their lives to reach the safety of Europe and hope to be allowed to remain, others fly in in their private jets and purchase EU citizenship Read here […]
Austerity
Ashoka Mody: The eurozone is having an identity crisis and Italy will bear the brunt
Rather than rethink their broken economic model, European leaders will drive Italy into an unmanageable situation. Read here
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