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.
Economics
Bill Mitchell: Why is Brussels supporting Ukraine?
So all the talk of Russia becoming a threat to NATO seems to be obfuscation and one wonders why the European leaders are so intent on spending billions of euros supporting the Ukraine when they […]
EU politics
Wolfgang Streeck: Get ready for the worst
Germany’s political crisis is a warning for Keir Starmer. Read HERE “Wir sind das Volk” = We are the people
Uncategorized
Branko Milanovic, Li Yang – How Corruption Fuels Inequality in China
Graft on a Staggering Scale Warps the Country’s Economy Read HERE
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