It is necessary to point to the Fed’s actions to understand tremors in world markets, but central bankers should never have been held solely responsible for the restoration of macroeconomic stability
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EU politics
Bill Mitchell – There is no European citizen – cultures and narratives diverge in the Eurozone
Sometimes one has the impression that beyond a few starry eyed adolescents the only people who are passionale about the EU are those receiving their paychecks from it. Read here
EU politics
France 24: Spanish actor detained to face judge over blasphemy complaint
First the Catalan political prisoners, then the artists, now this. Let us try to understand this: Spain`s anti-democratic justice system is good, because they do what the Germans tell them, but in Hungary and Poland […]
Austerity
Bill Mitchell: The ‘fiscal contraction expansion’ lie lives on – now playing in Italy – Part 2
It will be madness if Italy bows to the pressure from the European Commission and the IMF and its related bullies like Blanchard and Co. and engages in more fiscal austerity. Italy is on the […]
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