To judge from the editorial pages and Capitol Hill currents that both shape and reflect Washington’s perceptions of the world, the doomsayers sounding alarms over the risk of direct military conflict between the U.S. and Russia over Ukraine have been proved wrong. Despite many Russian warnings and much nuclear saber-rattling, the United States has managed to supply advanced artillery systems, tanks, fighter aircraft, and extended-range missiles to Ukraine without an existential contest—or even significant Russian retaliation.
Austerity
Bill Mitchell – When disaster strikes the poorest nations, the IMF guarantees to make it worse
While even many progressive economists were effusive about the advances being made in IMF policy the same neo-liberal destruction continues in practice. Read here
Economics
Bill Mitchell: The one-trick New Keynesian ponies are back in town
The deficit/debt and inflation phobes, the one-trick ponies, are increasingly coming out and attempting to force the debate back on their terms. Read here
EU politics
Ada Colau: Europe must act to protect the rights and freedoms of Catalans
From The Guardian Ada Colau is the mayor of Barcelona. She was one of the founders of the anti-eviction Platform for People Affected by Mortgages (PAH) in Spain. Read here
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