“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.”
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Bill Mitchell: Euro area inflation is not accelerating out of control
EU politics
Politico – New sanctions against Russia stuck in limbo over Greek-Hungarian protest
Odd couple is holding back deal on new sanctions against Russia. Read Here
Finance
Michael Roberts – Economic crises: look to science or the rain gods?
“Recently, mainstream economists have debating yet again why ‘economics’ was unable to see the global financial crash coming and/or provide effective policies to end what I have described as the Long Depression that has endured […]
EU politics
Kyiv Independent: France and Russia signal openness to holding separate talks as US-led peace efforts remain inconclusive
French President Emmanuel Macron and Russian President Vladimir Putin have expressed their readiness to “engage in dialogue.” The first public signal came on Dec. 21 from Kremlin spokesperson Dmitry Peskov, who stated that Vladimir Putin […]
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