On March 6, the Special European Council saw 27 leaders of the European Union discuss the Russia threat and promote a strategic vision of disconcerting militarism. European Commission President Ursula von der Leyen had announced two days earlier that Europe had to spend more and indulge its various arms industries with greater attention than before. The ReArm Europe plan entails various measures intended to free up to EUR 800 billion in defence funding. This will entail something distinctly at odds with the standard EU mantra on balanced budgets: using the escape clause of the Stability and Growth Pact to bypass the Excessive Deficit Procedure.
Economics
Bernie Sanders: Let’s wrench power back from the billionaires
“We must develop an international movement that takes on the greed and ideology of the billionaire class and leads us to a world of economic, social and environmental justice. Will this be an easy struggle? […]
Finance
Politico – EU offers Trump removal of all industrial tariffs
There is a whiff of desperation about Von Der Leyen’s attempt to stop a tariff war with the US. Read the article HERE.
Austerity
Simon Wren-Lewis: Decreasing the size of the state is very unpopular
Why? Why have we been told for decades that people are fed up with state intervention and state run companies? It is not only the bubble politicians live in. Wren-Lewis fails to mention the integral […]
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