Bill Mitchell debunks the myth of the technocratic and independent role of the Europen Central Bank.
Read here
Climate Crisis
Bill Mitchell: It will end badly if we rely on the speculators and gamblers for a climate change solution
My rule of thumb is this: 1. If the financial markets are interested in something it is better for the rest of us to keep them at bay. 2. Do not allow ‘private profitability’ to […]
Economics
German Recession: German jobless numbers hit 12-year high, inflation edges up
Unemployment rate rises to 6.6% in unadjusted terms German GDP grew by 0.3% in Q4, beating expectations Inflation slightly above ECB’s 2% target in January Read Article HERE Photo licensed under the Creative Commons Attribution-Share […]
Economics
Wolfgang Münchau: Britain’s economic crisis is a warning to the world
This is a sign of a failed fiscal orthodoxy Read Here
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