The ECB is the currency issuer and it does more or less what it likes to keep the Member States solvent.
Read here
Bill Mitchell – ECB asset purchase programs are the only thing keeping Member States solvent
Climate Crisis
CNBC: IEA says clean energy progress remains ‘far too slow’
IEA warns clean-energy spending must triple to curb climate change Read here
EU politics
Politico – US envoy to NATO questions EU’s ‘buy local’ strategy on weapons
Some EU countries haven’t got the message yet that the US military industrial complex expects bigger European Defence spending to mean bigger orders for American weapons. Read the article HERE.
Economics
Bill Mitchell: EU deliberately subjugates prosperity to maintain its neoliberal ideology
The European Union deliberately chooses to subjugate economic prosperity and the well-being of people (jobs, incomes, savings, etc) to maintain an adherence to an ideology that purposely redistributes real resources and incomes to the top […]
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