Output rose 3.5 per cent in January from the previous month, although this mostly was a rebound from December’s fall. But DeStatis always selects the positive numbers. That is what happens when your paymaster is the state. The question is if DeStatis does not doctor their numbers as well.
Corruption
BBC: US airlines used up spare cash buying back shares
Over years we have read how corporations have stopped investing, instead buying back shares to drive up the price of their, thus enriching the rich and the managers. Now they want us to bail them […]
Fake News
James Cusick and Crina Boros: How a GM giant ‘bought control’ of what millions of Londoners read
Paid journalism. This problem is increasing. As media’s sole concern is profit, the product becomes irrelevant. Thus the demise of corporate media and their calls for state support Read here
Economics
Görkem Altınörs, Ümit Akçay: The authoritarian consolidation attempt in Turkey
Görkem Altınörs and Ümit Akçay analyse the political economy of regime change in Turkey. The AKP’s ‘authoritarian fix’ strategy was a response to multiple crises in the 2010s. Now, it has led to an attempt […]
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