We have written for years that DeStatis is politicised and produces results that support the government. Another quarter of decline would have been unbearable for the Germans as it would have marked a recession. This happens every time. We predicted this result.
Austerity
Bill Mitchell: Eurozone 2020. Don’t mention the War!
Nothing since the GFC has convinced me that the EMU can be reformed in any meaningful way to resolve the inherent flaws in its architecture, which reflect the neoliberal bias which set the system up […]
Inequality
Guthrie Scrimgeour – You Aren’t Allowed in These Billionaire Towns
‘Welcome to the fully privatised city, where the ultrarich can do as they please — no whining from the rabble permitted.’ In Jacobin. Read the article HERE.
Corruption
City A.M.: Northern Rail set to be nationalised ‘this week’ amid franchising chaos
This was being run by the German State Railway “Deutsche Bahn”. Not a word in German media about this failure – Germans never fail (at the worst they get caught cheating or bribing). In the […]
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