Besides banks and the wealthy, no one is going to benefit by this, not to mention that many Britons are currently in a very precarious financial situation due to stagnant wages.
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Economics
Bill Mitchell: We are approaching a period of fiscal dominance
The dissonance in mainstream economics and the political debate about policy settings is getting deeper and more public. Read here
Economics
Guntram B. Wolff: Germany’s current account surplus and corporate investment
Following the 1990s post-reunification period and since the beginning of monetary union, Germany’s current account has grown substantially. In the crisis years, Germany’s lost about 15 percentage points of GDP in its external investments, but […]
Economics
Thomas Fazi – The EU will choke off Europe’s recovery
European states are being offered a pittance in exchange for giving up even more power to the EU. Read here
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