Discussing Japanese public finances is extremely difficult. It is not much different from the arguments 600 years ago about whether the world is flat. Critics claimed that eventually the ship will fall off the world into the void. Bust after 30 years Japan is still sailing the earthly seas.
Deregulation
Jacobin: Saving France’s Railways
An interview with Bruno Poncet Yesterday, French rail workers kicked off months of rolling strikes against Macron’s attacks on their working conditions. Read here
Climate Crisis
Adam Tooze – In China, clean energy is now THE driver of overall economic growth.
It’s gone entirely under-the-radar in Europe that not only is China churning out enough solar panels for the world at rock-bottom prices, but the European Union is increasingly manouvering to block those solar panels reaching […]
Corruption
City A.M.: Northern Rail set to be nationalised ‘this week’ amid franchising chaos
This was being run by the German State Railway “Deutsche Bahn”. Not a word in German media about this failure – Germans never fail (at the worst they get caught cheating or bribing). In the […]
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