While the ECB paper does not exactly state the obvious the meaning is clear – even to get within a ballpark of what is required will require substantial austerity being imposed on areas of expenditure not related to these challenges.
Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data. Read Here
German economists are a bit slow, but the have come to the conclusion that was obvious for the past half year. And where their optimistic prognosis for 2025 and 2026 came from is not clear. […]
The charity refused the money on the grounds that it is ‘committed to working on climate change issues for the foreseeable future’. Read Here Photo: Norsk olje og gass licensed under the Creative Commons Attribution-Share […]
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