The world is reeling from one crisis to the next, most of which are not resolving themselves. It is no wonder that there is inflation. But none of these can be rectified with interest rate increases.
Economics
DeStatis – 2023: German Expenditure on social welfare radically reduced
Share of expenditure on social welfare below the pre-corona level (2019: 45.2 %) and the long-term average (1991-2023: 41.7 %) Share of expenditure on economic policy has more than doubled since 2019 to 21.9%; only […]
Economics
Andrew Yamakawa Elrod – What was Bidenomics?
In-depth analysis of what Bidenomics eventually became, which was basically public spending to advance the techno-security complex. In ‘Phenomenal World’. Read the article HERE.
EU politics
Bill Mitchell: Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms
EU reform. There is much talk about it, but it does not happen. Bill Mitchell explains why it will remain so. Read here
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