This is one of those all-time historical events that make the severe crises of the past (early 1980s, 1990s, GFC – look like blips).
Economics
Thomas Fazi, Bill Mitchell – For MMT
Leading proponents of Modern Monetary Theory respond to Tribune’s recent article on the topic, arguing that socialists should not be afraid to “seize the means of production of money.” See also the article to the […]
EU politics
The Cradle – Spanish PM calls to suspend EU-Israel free trade agreement
“The European Commission must respond once and for all to the formal request made by two European countries to suspend the association agreement with Israel if it is found, as everything suggests, that human rights […]
Economics
Eurostat: EU current account deficit €37.4 bn, minus €141 bn year on year
In the second quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €37.4 billion (–1.0% of GDP), down from a surplus of €8.8 billion (0.2% of […]
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