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.
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 […]
Geopolitics
Caitlin Johnstone: They Said The Massacres Would Stop When The Hostages Were Released. They Haven’t Stopped.
Last year I banged out an angry rant about the way Israel supporters would yell “release the hostages!” at anyone who talked about the latest massacre of Palestinian civilians, saying Hamas was to blame for […]
Climate Crisis
EEB: Green mining’ is a myth: EU must slash resource consumption by two-thirds
New analysis suggests the EU must ditch plans under its European Green Deal to increase mining and set hard limits to the natural resources it extracts in order to prevent human and ecological disaster. Read […]
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