The Insanity of central bankers doing the same thing over and over again
EU politics
Bill Mitchell: IMF reform proposals for the Eurozone are just weak band aids that cannot fix the dysfunctional mess
All the other options – such as the IMF’s current plan – just put band-aids over the mess – and they are weak bandages at best. Meanwhile, the ECB will have to continue funding the […]
Climate Crisis
Bill Mitchell: It will end badly if we rely on the speculators and gamblers for a climate change solution
My rule of thumb is this: 1. If the financial markets are interested in something it is better for the rest of us to keep them at bay. 2. Do not allow ‘private profitability’ to […]
Geopolitics
relief web: Gaza death toll has increased by 40 percent compared to before the temporary humanitarian truce
Israel’s escalation of its violent bombing and deadly attacks in the Gaza Strip since last Friday, following the collapse of the one-week temporary humanitarian truce, was strongly denounced by Euro-Med Human Rights Monitor today. Euro-Med […]
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