U.S. government officials are forever spouting the myth of the country as a beacon of peace, freedom and democracy, which seeks to spread those noble attributes around the world. A recent masterclass.
Economics
eu observer: ECB president grilled over €135bn interest payout to commercial banks
The EU Disneyland Parliament is once again showing that it can ask questions. Read HERE Photo: Wikimedia Commons
Austerity
Simon Wren-Lewis: It makes no economic sense to keep shrinking the state without changing what the state is meant to do
Shrinking the state makes everyone worse off by reducing national income – some of that income loss in the past has probably become permanent Read Here Wikimedia Commons
Austerity
Bill Mitchell: Germany to play smokes and mirrors again
Germany is proposing some more smokes and mirrors so that it can maintain its position as the exemplar of fiscal responsibility by obeying its ‘Debt brake’ yet inject significant deficit spending into its recessed economy, […]
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