There are expressions that creep up on you when you are not looking, that come from nowhere, and seem to take over the media all at once. The latest, and the subject of this week’s essay is the “Deep State.”
Economics
DeStatis – Germany: Prices of residential property in the 2nd quarter of 2023: -9.9% on the same quarter of the previous year
Thanks to the massive interest rate increase by the ECB, inflatiion, and the totally chaotic policies of the German government (Social Democrats, Greens, and Liberals) Germany has registered the largest decline in residential property prices […]
Austerity
Bill Mitchell: Tunisia is a classic example of the failed IMF/World Bank development model
The IMF and World Bank, destroyers of developing nations. Read here
Economics
DeStatis – German Recession; New orders in manufacturing in June 2025: -1.0% on the previous month
New orders in manufacturing June 2025 (in real terms, provisional): -1.0% on the previous month (seasonally and calendar adjusted) +0.8% on the same month a year earlier (calendar adjusted) May 2025 (in real terms, revised): […]
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