If we accept the facts of climate change, we also have to accept the radical changes necessary to address it.
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Economics
Bill Mitchell: Bank of Japan continues to show who has the power
1. It would better for the speculators to stop their futile attempts to profit from pressuring the Bank to raise rates and end its bond-buying program. 2. The Bank will not cede to this pressure, […]
Economics
Bill Mitchell – ECB asset purchase programs are the only thing keeping Member States solvent
The ECB is the currency issuer and it does more or less what it likes to keep the Member States solvent. Read here
Economics
Ms Merkel’s Breathtaking Economic V-Recovery – Corona crisis has hit the German restaurant industry hard: turnover in March to August 2020 was down 40.5% from the same period a year earlier
The number of persons employed dropped by 17.6% in March to August 2020 from the same period a year earlier Bars and pubs are substantially affected: turnover decreased by 45.5% over the same period, the […]
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