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U.S. budget already deep in the red, and markets have shrugged
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Trump, Ocasio-Cortez and Japan also offer support for MMT case
Read here
Bloomberg: MMT Has Been Around for Decades. Here’s Why It Just Caught Fire
Austerity
Asbjørn Wahl: Austerity Policies In Europe: There Is No Alternative
“In addition to the democratic deficit that is built into the EU institutions, they have to a great extent acquired their form and content during the neoliberal era. They are therefore dominated by the interests […]
National Politics
John Mearsheimer – Ukraine: Bound to Lose
Ukraine’s 2023 Counteroffensive – A lengthy but excellent analysis of how and why the Ukrainian “Spring Offensive” has ended in failure Read HERE
Finance
VoxEU: Currency denomination of foreign exchange reserves – from taboo in the past towards disclosure and exciting research nowadays
There has been a growing trend towards more disclosure by central banks on the currency denomination of their foreign exchange reserves. Read HERE
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