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.
The ECB’s power is disturbing in the sense that its decision makers are unelected and largely unaccountable. It does have to provide reports to the European Parliament but it mostly does what it likes. Worst […]
The mainstream economists keep claiming that fiscal deficits are undermining the future standards of living of workers – an erroneous claim at best. Read here
Romania-Insider.com – Romania’s Anticorruption Directorate: A third of those sent to court in 2017 held public office
Romania’s special public prosecutor for corruption is under attack – by politicians. When you read this article, you will understand why. Read here