Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates.
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Climate Crisis
David Graeber: If Politicians Can’t Face Climate Change, Extinction Rebellion Will
A new movement is demanding solutions. They may just be in time to save the planet. Read here
Economics
Bill Mitchell – US inflation is moderating while a massive fiscal contraction is underway – recession looming
Policy makers in the US seem hell bent on bringing on a recession as part of a futile fight against inflationary pressures which are already moderating. Read Here Photo: Policy makers in the US seem […]
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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