Hidden in this article is the fact that Germany did not have a trade surplus in 2022, bad news for a mercantilist nation
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DeStatis: German trade surplus in August 2022 just €0.3 billion
Economics
Bill Mitchell: ECB confirms monetary policy has run its course – Part 2
“We are entering a new era where the neoliberal obsession with so-called monetary policy reliance is becoming increasingly discredited and exposed by the evidence base. Fiscal dominance is approaching.” Read here
Geopolitics
Oleg Zukhov: Zelensky’s term would have expired this month, but he’s staying. Russia wants to use it.
Ukrainian President Volodymyr Zelensky’s term in office is supposed to end on May 20, 2024 – but it won’t. Read HERE Photo: Ukraine Government
Economics
Devsdiscourse: Slovakia may stop power exports to EU without more help on energy costs
Slovakia’s main electricity producer has pre-sold energy for the next year at prices much lower than current ones, while Slovak distributors and customers must now buy electricity at multiple times that price. Read Here Photo: […]
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