This is probably one of the finest blogs that Simon Wren-Lewis has ever written. It is a brilliant political and media analysis.
Read here
Simon Wren-Lewis: If we treat plutocracy as democracy, democracy dies
Economics
The EU’s V Recovery: Why in a surging economy is inflation in minus territory?
The euro area annual inflation rate was -0.3% in October 2020, stable compared to September. A year earlier, the rate was 0.7%. Read here
Economics
DeStatis – Germany: Retail turnover in real terms down 7.1% in February 2023 year on year
People in Germany appear to have less money to spend on stuff. Good for the climate, bad for government VAT income Read HERE
Geopolitics
Politico – Using Russian assets to fund Ukraine looks ‘increasingly difficult,’ says EU top diplomat
Is there any scheme which the European Commission has tried against Russia over the past four years which hasn’t back-fired? Every time Brussels tries to do something it only ends up exposing their own weakness. […]
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