Discussing Japanese public finances is extremely difficult. It is not much different from the arguments 600 years ago about whether the world is flat. Critics claimed that eventually the ship will fall off the world into the void. Bust after 30 years Japan is still sailing the earthly seas.
EU politics
Petr Janský: Effective tax rates for multinational companies in the EU
Richard Murphy: “Guess what? EU multinational corporations do not pay the tax that we expect of them” Read here
EU politics
Politico – New sanctions against Russia stuck in limbo over Greek-Hungarian protest
Odd couple is holding back deal on new sanctions against Russia. Read Here
Economics
Bill Mitchell – Germany’s sectoral decline and its obsession with fiscal austerity
On Germany’s inexorable economic decline taking the EU down with it. Read HERE
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