When ever there is high inflation it is used as proof that Modern Monetary Theory is debunked. This is the case in Turkey. The real culprit is the neo-liberal policy of the IMF
EU politics
Wolfgang Streeck – Angela Merkel’s empty leadership
Her pious promises didn’t solve anything Read here
Climate Crisis
German Foreign Policy: Ruin Russia
Germany increases Russian oil imports – via India. EU remains major buyer of Russian LNG – at a higher price – than for pipeline gas. Russia’s economy grows, Western sanctions have failed. Read HERE
Economics
Ann Pettifor: On the bursting of bubbles
In the US, mortgage applications are now down 50% and at the lowest levels since 1994. Credit card defaults rates are higher than in 2008. Is the debt bubble about to burst? Read the article […]
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