MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt.
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Economics
DeStatis – German Recession: Exports to non-EU countries in May 2024: expected decrease of 2.3% year on year
Germany is becoming increasingly dependent upon the US and losing market share in China. Read HERE
Geopolitics
AP: A gloomy mood hangs over Ukraine’s soldiers as war with Russia grinds on
A gloomy mood hangs over Ukraine’s soldiers nearly two years after Russia invaded their country. Despite a disappointing counteroffensive this summer and signs of wavering financial support from allies, Ukrainian soldiers say they remain fiercely […]
Economics
Michael Roberts: Sweden in deadlock
This is probably the best analysis around concerning yesterday´s elections in Sweden. Read here
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