Ann Pettifor: Central Banks and Government Budgets – As If Democracy Matters

The current position of the US government has biased their stimulus spending towards the corporate sector and high income earners. Read here

Sentiment among companies in Germany has worsened. The ifo Business Climate Index fell in December to 84.7 points, down from 85.6 points1 in November, the lowest level since May 2020. The decline was due inparticular […]

The Bank of England is engineering a recession because it believes it will reduce inflation and weaken the spirits of the workers’ movement Read the article here.