If you look at the chart, you will discover that in the 4th quarter of 2019 German GDP was at about the same level as in the 4th quarter 2025 – and in that quarter the GDP had made one of the greatest leaps in years: 0.3%.
Finance
Joana Ramiro: No One Should Have to Spend Most of Their Income on Rent
Renting a one-bedroom apartment in Lisbon costs a massive 63% of the average resident’s wage. Faced with one of Europe’s worst housing markets, Portugal’s government has proposed to subsidize rents — but critics say it’s […]
Corruption
The Guardian: Cloud of corruption hangs over Bulgaria as it takes up EU presidency
Among journalists there is a trick to getting controversial articles past the powers that be: wait until between Christmas and New Year. This is a real corker in the Guardian, explaining why despite the horrendous […]
Economics
Bill Mitchell – US inflation is moderating while a massive fiscal contraction is underway – recession looming
Policy makers in the US seem hell bent on bringing on a recession as part of a futile fight against inflationary pressures which are already moderating. Read Here Photo: Policy makers in the US seem […]
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