“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.”
Read here
Bill Mitchell: Euro area inflation is not accelerating out of control
Austerity
Yanis Varoufakis: Ten Years After Lehman’s Collapse: What caused the Crash of 2008 is now shaping our post-modern 1930s
“In the autumn of 2008 events unfolded in Wall Street that the crushing majority of people around the world had been led to believe could never occur. It was the financial equivalent of watching the […]
EU politics
Catalan News: European Court of Human Rights rules Spain violated Basque leader’s right to fair trial
Anyway you turn it, it seems in political cases Spain and justice simply have little to do with one another. And now this Read here
Climate Crisis
Unearthed: UK oil and gas emissions intensity rises to record high
After years of cutting emissions per barrel of oil extracted, UK drillers saw carbon intensity rise by 15% in 2021 Read here Cormorant Oil Field in the North Sea. Photo: Marten van Dijl / Greenpeace
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