This is a good take on tariffs, free trade, and protectionism and what the advantages and disadvantages are.
Read here
Finance
Politico – EU offers Trump removal of all industrial tariffs
There is a whiff of desperation about Von Der Leyen’s attempt to stop a tariff war with the US. Read the article HERE.
Economics
Bill Mitchell: Income support for children improves brain development
This may seem a very logical result, but we seem to lose sight of the important developments in society as the political mainstream media systematically leads us in the wrong direction. Read Here
Economics
S&P Global: UK Economy Crashing into Recession – Inflation may slow
Key findings:Flash UK PMI Composite Output Index(1) at 50.9 (Jul:52.1). 18–month low.Flash UK Services PMI Business Activity Index(2) at52.5 (Jul: 52.6). 18–month low.Flash UK Manufacturing Output Index(3) at 42.4(Jul: 48.9). 27–month low.Flash UK Manufacturing PMI(4) […]
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