While the current developments require a redoubling of efforts in the increase of renewables and energy efficiency, the opposite is occurring. To put the blame on China is ridiculous. The slack should have been picked up by other nations, but the fossil fuel interests have made great political progress resulting in increased investment.
Economics
Bill Mitchell: Low US unemployment does not negate the conclusion that the US economy is now in recession
A healthy society cannot have millions of people of working age permanently on disability support because Covid has rendered them unable to work. Read Here Photo by Steelcase via Wikimedia Commons
Economics
T. Sabri Öncü: Dealing with the overhang of non-financial private debt
Building on the International Monetary Fund (IMF) Global Debt Database (GDD) comprising debts of the public and private non-financial sectors for 190 countries dating back to 1950, Mbaye et al (2018) identify a recurring pattern […]
EU politics
The National: Aamer Anwar says Spanish diplomat’s claims rooted in ‘racism and bigotry’
Still another example of how deep rooted racism and authoritarian is in Spain’s government. This has been exported to the EU with Josep Borrell as Minister of Foreign Affairs of the EU. For the EU […]
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