Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation as worse. Their expectations for the months ahead were also once again more pessimistic. The German economy is stuck in recession.
Climate Crisis
Max Lawson: Planet Earth can’t afford the rich
Research shows a drastic reduction in inequality is necessary to ensure a decent live for all and save the planet Read the article HERE
Austerity
Simon Wren-Lewis: MMT and Labour’s fiscal rule
Simon Wren-Lewis, one of the architects of the British Labour Party´s “Fiscal Rule”, replies to Bill Mitchell`s criticism (read here and here) Read here
Corruption
Larry Elliot: Is it time to break up the tech giants such as Facebook?
The United States has been promoting monopolies for decades. This has been supported by a perversion of free market economics: monopolies provide cheaper prices and thus benefit consumers. Maybe at the till, but what about […]
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