This is how a war gets out of control. Even the US has drawn a red line on this.
Economics
Bill Mitchell: Latest US quits behaviour signals possible shift in power to workers
The latest JOLTs data is interesting because it signals are possible shift in bargaining power in the US labour market towards workers. The most obvious sign of that is the rising quit rates, which are […]
Globalisation
Adam Tooze: Defining polycrisis – from crisis pictures to the crisis matrix
This is one way of looking at the precarious state of the world. Read here
Economics
Shaun Richards: Borrowing for the energy crisis has become much more expensive for Euro area governments
Bloomberg has taken a look at what the energy crisis has cost so far and the numbers are not pretty. Europe got hit by roughly $1 trillion from surging energy costs in the fallout of […]
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