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.
Economics
Bill Mitchell: Is the British Labour Party aboard the fiscal dominance train – Part 1?
The Labour Party is thus being left behind because they have been taking advice from economists that are stuck in the old paradigm, notwithstanding their efforts to claim otherwise. At the heart of this old […]
Economics
Eurostat – Third quarter of 2022: Annual increase in labour costs at 2.9% in euro area Increase at 3.4% in EU
Huge drop in real wages. So where is the inflation coming from? Read Here
Corruption
Veronika Melkozerova – Ukrainian authorities face accusations of using the draft as a political weapon
‘Journalists, watchdogs and people involved with NGOs working on issues critical of the government are also warning that the administration (or senior officials) is using the power to conscript people to silence them.’ In Politico. […]
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