Every time financial issues com up they become bogged down in controversy and then fade away. We have seen this with the transaction tax, tax evasion, and now money laundering.
Economics
eu observer: ECB rate hikes see corporate loans drop to record low
The ECB and the EU, both being pressured by Germany demands for austerity, are pushing the EU into a recession Read HERE Photo: ECB/Flickr
Economics
Destatis – German Recession: Trade surplus with the US in January to July 2025 down 15.1% from the same period a year earlier
Bad news for mercantile Germany. And Trump’s tariffs are just beginning, while German exports to China are falling rapidly. Export surplus in trade with the US dropping to 34.6 billion euros, the lowest level recorded […]
Austerity
Bill Mitchell: Germany to play smokes and mirrors again
Germany is proposing some more smokes and mirrors so that it can maintain its position as the exemplar of fiscal responsibility by obeying its ‘Debt brake’ yet inject significant deficit spending into its recessed economy, […]
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