Bad new for a mercantlist economy that is not growing: In December 2022, German exports were down by 6.3% and imports by 6.1% on a calendar and seasonally adjusted basis compared with November 2022.
Finance
Larry Elliot: Is the Bank of England losing its way?
From The Guardian Central bank infallibility was always something of a myth. Much of the decline in inflation in the 1990s and early 2000s was due to globalisation rather than the brilliance of central bankers. […]
Economics
The Cradle – Power of Siberia: Forging a new energy axis to bypass western hegemony
The Russia–China pipeline deal is a geostrategic breakthrough for Eurasia, spelling the decline of western influence, the rise of a multipolar world, and the slow collapse of the dollar’s energy reign. Read Article HERE Photo […]
Austerity
Marshall Auerback: If the Euro Cracks—Blame Germany, Not the Italians
The drive for German industrial hegemony is in its overreach stage and risks blowing up the currency union. Read here
Be the first to comment