Bad new for a mercantlist economy that is not growing: In December 2022, German exports were down by 6.3% and imports by 6.1% on a calendar and seasonally adjusted basis compared with November 2022.
Economics
ECB tells a completely different story about the state of the EU economy
After a couple of weeks of euphoria about how the EU economy has turned a corner and all is well, which was supported by yesterdays falsified GDP numbers the ECB writes: Net demand by households […]
EU politics
Daniel Davis – The Hard Reality: Ukraine’s Last-Gasp Offensive Has Failed
A former Lieutenant Colonel in the US army explains why Ukraine’s ‘spring offensive’ was a suicide mission. Published in ‘1945’. Read the article HERE.
Economics
Lorenzo Bini Smaghi: The eurozone must not return to its pre-crisis ‘normality’
If Schäuble really wants to follow Keynes’ advice, Germany should borrow more and focus less on others’ spending habits. Read here © REUTERS
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