Bill Mitchell: British Labour Conference seems to be going well

The degrowth movement has already begun: at a grassroots level, consumer demand is actively being transformed, despite political and corporate reticence. Read here Daniel Grizelj/Getty Images

Reuters: Euro falls to below 1.02 for the first time since 2002 U.S. dollar index rises to new 20-year high Swiss Franc reaches a 7-year high vs euro Yen strengthens after Japan’s inflation expectations rise […]

The UK economic system is clearly struggling. Growth has stalled, rates of interest are going up and the Treasury is softening up the general public for a brand new dose of austerity measures. For some, […]