Despite all the reports by economists that the IMF has learnt from its mistakes in Greece, this appears to be far from the truth.
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Economics
DeStatis – German Recession: Exports to non-EU countries in May 2024: expected decrease of 2.3% year on year
Germany is becoming increasingly dependent upon the US and losing market share in China. Read HERE
Economics
Macro n Cheese: Bill Mitchell – Trade, Foreign Exchange and Modern Monetary Theory: A Field Guide
Listen here For non-economists to learn essentials such as the balance of payments, currency exchange, and trade between nations, presentation matters. The brilliant Bill Mitchell, as always, distills complex concepts in such a way that […]
Austerity
Bill Mitchell: Euro area inflation is not accelerating out of control
“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.” Read here
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