Bill Mitchell: Fiscal stimulus disappears into saving – solution – bigger stimulus was needed in the first place

Taxpayers have agency over global financial markets…they subsidise, embolden and enrich centres of financial power like those of Wall St and the City of London. A long read, but well worth it. Read here

What a surprise. And the ECB wants to continue raising interest rates and the German goverment wants austerity. Add to this high inflation and low wage growth. Nothing new on the German front. Inflation well […]

Simon Jenkins is of the opinion that the political elite of the EU and Spain are making a right mess of dealing with the Catalans and calls for new approach to autonomy within the EU. […]