“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.”
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Bill Mitchell: Euro area inflation is not accelerating out of control
Economics
Al Jazeera: Pro-Israel billionaires urged New York crackdown on Gaza protests
WhatsApp leaks reveal group of business leaders discussed ways to pressure officials to clear pro-Palestine protesters. Read HERE
Economics
DeStatis – German Recession: Exports to non-EU countries in September 2024: expected decrease of 4.7% on August 2024
Exports to third countries (calendar and seasonally adjusted exports of goods), September 2024 57.2 billion euros -4.7% on the previous month -1.3% on the same month a year earlier Exports to third countries (original values, […]
Corruption
Nick Shaxson – The finance curse: how the outsized power of the City of London makes Britain poorer
The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]
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