If these are the ‘consequences’ for Saudi Arabia’s OPEC slight, it’s hard to see what an actual punishment might be.
Globalisation
The Washington Post: Short on time, Biden sought new Ukraine tank plan to break stalemate
How the US and Germany reached that tank deal. Amid growing discord, a new proposal and a week of nonstop negotiations finally resolved the dispute, as Germany relented on Leopards and the US pledged (eventually) […]
Economics
Thomas Piketty: What to do with Covid debt?
How are States going to deal with the accumulation of public debt generated by the Covid crisis? For many, the answer is clear: central banks will take on their balance sheets a growing share of […]
Economics
Bill Mitchell: Keynes was wrong because he failed to consider class conflict
We will never reach the nirvana that Keynes envisaged because the structure of capital ownership will never permit it. Governments can tinker around the edges but ultimately they have demonstrated a lack of resolve to […]
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