Bill Mitchell: The class war is over, viva the class war – inflation and all that

A brilliant example of the spiral we are facing. Short and succinct. Everyone was praising globalisation, but apparently they do no understand it. Read here

This is the lowest since April 2022 Exports to third countries (calendar and seasonally adjusted exports of goods), June 2024 58.0 billion euros -2.6% on the previous month -4.5% on the same month a year […]

A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc’s plans for a banking union. Read here