Germany funds much of its export surplus by exporting its own capital instead of investing it in its own nation. Much of this investment capital is either poorly invested or is lost. Thus being “export world champion” results in the own immiseration.
On Monday morning I woke to a furore caused by Labour’s Shadow Health Secretary’s suggestion that a Labour government would use “spare capacity in the private sector to cut the waiting lists.” And that he, […]
Exports to third countries (calendar and seasonally adjusted exports of goods), July 2022 56.8 billion euros -7.6% on the previous month +9.4% on the same month a year earlier Read Here
Turkish police raided the home of İstanbul Mayor Ekrem İmamoğlu on Wednesday, detaining him over a corruption probe, in a move denounced by the main opposition Republican People’s Party (CHP) as a “coup.” Read HERE […]
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