The decline in US GDP reported for the first quarter is not a big deal, and it is very possible that it will be reversed when the data is revised over the next two months. But it is the wrong direction. If Donald Trump envisions that we will surpass China and retake the leadership as the world’s dominant economy, we are so far going the wrong way.
Austerity
Thomas Piketty – France: Several universal retirement schemes are possible
Could we possibly have a reasoned debate about the several alternative retirement schemes? To judge from the government’s attitude, one might well doubt it. The current government is endeavouring to restrict the discussion to the […]
Austerity
El País: Brussels urges Spain to reform pensions and jobs in return for EU funds
The European Commission is asking countries to commit to structural changes to address deep-seated problems such as soaring debt and an over-reliance on temporary contracts. That did not take long. They have not even disbursed […]
Economics
Alexander Melzer: EU Military Mission Is Coming Home
On the New European Union Military Assistance Mission in Support of Ukraine: no other EU civilian or military mission has previously aimed to operate on the territory of the Member States. Read Here Photo credit: […]
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