Why and how the ECB should write off its debts and continue taking over member states ost-COVID investment costs.
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Bill Mitchell: Central banks should just write off all their government debt holdings
Economics
Ashoka Mody: The euro area’s deepening political divide
An excellent analysis of what is currently going wrong in the Eurozone – about which the Euro-elite is in denial. Reality is however catching up with them as Ashoka Mody explains. Read here
Economics
Eurozone’s unstoppable V-Recovery – Q4: GDP down by 0.6% and employment up by 0.3% in the euro area
In the fourth quarter of 2020, seasonally adjusted GDP decreased by 0.6% in the euro areaand by 0.4% in the EU,compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical […]
Inequality
Adam Tooze: Life, liberty and the pursuit of happiness? How China, Cuba and Albania came to have higher life expectancy than the USA
This one is a week old but the statistics it contains are truly stunning and worth your time. Read the article here.
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