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%.
Economics
Larry Elliot: Think our governments can no longer control capitalism? You’ve been duped
In reality there has been a class war, in which the right has spent decades using the state to undermine workers. We can fight back Read here
EU politics
Portugal’s Socialists toast ‘biggest ever’ election win
From Politico The Portugese Socialist Party won an impressive electoral victory following its easing of austerity. Danger lurks, however, as the two far left parties in coalition with the Socialists, crucial in driving anti-neo-liberal policy, […]
Economics
Heiner Flassbeck: Mercosur, Ludwig Erhard and German mercantilism
Mercosur is on everyone’s lips. Wouldn’t the free trade agreement with several countries in Latin America be a golden opportunity to get one over on the USA? Couldn’t a new source of prosperity be tapped […]
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