DeStatis – Germany’s Not So V-Recovery: Production in June 2021: -1.3% on the previous month (Production 6.8% below pre-crisis level)

Employment is stagnant in Germany, with half a million less employed. Do not forget, Germany has round six million furloughed workers, not to mention an enormous self-employed grey zone, which is not discernable these into […]

The ex-chancellor rejoices as his target is finally hit, but austerity has taken a terrible toll Read here  

Everybody says we have an inflation problem. Everybody is wrong. What we have is a relative price problem. Read Here Photo: Eric Kounce in public domain