Oh! Climate breakdown means less rain, reducing hydropower and increasing transport costs. Odd that our governments were not aware of this.
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Economics
Bill Mitchell: The last thing policy makers should be thinking about right now is creating a recession
Policy makers should ignore the noise from the financial markets and decline to ratify their gambling. They should be patient and let the supply side constraints ease as the pandemic eases. Their attention should be […]
Geopolitics
Daniel McCarthy: It’s over: Biden is last gasp of failed post-Cold War internationalism
Whether with neoliberalism or neoconservatism, the last four presidents helped to squander the peace. And now a new era begins. Read HERE
Economics
Heiner Flassbeck: The Interest Rate and the ECB – The European Central Bank will disgrace itself again and Germany is to blame this time too
The fact that the ECB now intends to raise interest rates in a situation where the economy is extremely fragile and even, as is currently the case in the EMU, threatens to plunge into a […]
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