In this article, we want to ask the simple question of how Argentina’s central problem, extremely high inflation, is to be tackled by the “markets”. Thereby, we use the contrasting example of Turkey, which is also much (and wrongly) discussed in the media, to show why it is almost impossible to return to moderate inflation anywhere in the world using the orthodox means of monetary policy.
EU politics
Sky News: Ireland will not participate in Eurovision if Israel is allowed to take part
“RTE feels that Ireland’s participation would be unconscionable given the ongoing and appalling loss of lives in Gaza. RTE is probably hoping that Israel will have finished the genocide and ethnic cleansing by the next […]
Economics
German Foreign Policy: German government to limit German investment in China
Berlin plans coercive measures to downscale German business activities in China. The reason: German investments in China, the market of the future, are increasing more than ever. Read Here Photo: N509FZ licensed under the Creative […]
Austerity
The Independent: Reject austerity to defeat populism, Portugal’s socialist prime minister António Costa tells EU
Portugal has abandoned austerity – maybe not in a radical manner – but even then the nation’s citizens and economy are faring much better than it ever did under austerity. Read here
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