Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is still influential in European politics and his latest Op Ed makes it clear that the austerity mindset is still alive and well despite the current relaxation of the Stability and Growth Pact rules during the pandemic.
Uncategorized
Michael Hudson: Germany’s Choice
This is the introduction for the newly published German edition of Michael Hudson’s book Super Imperialism (Finanzimperialimus) Read here
Uncategorized
Branko Marcetic: US Sanctions Are Brutal and Inhumane. And They Don’t Work.
Sanctions are a form of collective punishment. Their costs are overwhelmingly borne by innocent people rather than governments. And they are just another form of war, not an alternative to it. The US’s many sanctions […]
Corruption
AP – Leftist-green candidate elected mayor of Croatia’s capital
We shall see how long a leftist politician with integrity holds out in a corrupt EU nation. Read here
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