Running primary surpluses when 25 per cent of the population live in poverty does not appear to be an outcome one should boast about.
Read HERE
Bill Mitchell: The assessment that Greece has been an ‘astonishing success’ beggars belief
Economics
Steve Keen: The housing crisis – there’s nothing we can do… or is there?
The demand side of the housing market has one main factor: new mortgages created by the banks… this means house prices – and the resulting housing crises – are driven by mortgage lending. So how […]
National Politics
Wahington Post: Catalonia’s radical separatists clear way for new leader
Catalonia inexorably makes its way. Read here
Economics
Shaun Richards: Who thought the ECB would be sharply raising interest-rates with Germany in recession?
This morning has brought us back to some extent to a piece of economic orthodoxy. Putting it another way something which was always really rather likely is being presented as a shock of sorts. So […]
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