The extreme heat and drought that has been roasting a vast swath of southern China for at least 70 straight days has no parallel in modern record-keeping in China, or elsewhere around the world for that matter.
Economics
Michael Roberts: Keynes part 2 – internationalist or nationalist?
Was Keynes the great internationalist who aimed to make capitalism a stable system through macro management on a world scale? Read here
Economics
Bill Mitchell: Bank of England finds QE did not increase bank lending: who would have thought
Once again we learn that QE has not helped the real economy, just bailed out the banks and corporations Read here
Economics
DeStatis – German Recession: Inflation rate of +2.6% expected in December 2024
Germany’s inflation rate has risen for the third consecutive month, signaling ongoing price pressures in the economy. This marks a continued trend of rising costs for goods and services. Inflation rate in Germany rises to […]
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