Exports to third countries (calendar and seasonally adjusted exports of goods), October 2022
61.2 billion euros
-1.6% on the previous month
+15.3% on the same month a year earlier
Austerity
Bill Mitchell: Trickle down. Remember that. The evidence base continue to reject the notion as a scam
Trickle down. Remember that? This was the idea that if we redirect real income towards capital by boosting profits via real wage suppression and/or corporate tax cuts, as if by magic, corporations will start investing […]
Geopolitics
BBC: Ukraine’s exhausted troops in Russia told to cling on and wait for Trump
The part at the end concerning North Korean troops is brilliant Read HERE
Economics
Howard Reed: Rip it up and start again: the case for a new economics
“Until we ditch the old textbook, we’ll never face up to the challenges of the modern world—or move beyond neoliberalism”. It’s a long read, but time well invested. Read here
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