EU spending limits are only for nurses and hospitals, not bombs, and only for countries like Greece and Portugal, not Germany.
Read the article HERE.
Politico – Brussels approves Germany’s mega spending plan
Austerity
Larry Elliott: The left must be bold and back a green new deal
Progressives were caught napping by the financial crisis. They cannot not be as ill-prepared next time Read here
Finance
James K. Galbraith: Modern Monetary Theory – Is there a better model to explain economics in the Trump era?
MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt. […]
Climate Crisis
CNN: Court orders Shell to slash CO2 emissions in landmark climate ruling
A Dutch court has ruled that Royal Dutch Shell must dramatically reduce its carbon emissions in a landmark climate decision that could have far reaching consequences for oil companies. Read here
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