Thanks to the massive interest rate increase by the ECB, inflatiion, and the totally chaotic policies of the German government (Social Democrats, Greens, and Liberals) Germany has registered the largest decline in residential property prices from the same quarter of the previous year since the beginning of the time series in 2000.
Geopolitics
Cédric Durand – Fragile Leviathan?
On Trump and big tech. In New Left Review’s ‘Sidecar’. Read the article HERE.
EU politics
Lily Lynch – Conjuring trick
An overview of the politics of European states in relation to the siege of Gaza. In New Left Review’s ‘Sidecar’. Read the article HERE.
Economics
Reuters: German economic institutes cut 2023 GDP forecast on energy price surge
What a surprise. And the ECB wants to continue raising interest rates and the German goverment wants austerity. Add to this high inflation and low wage growth. Nothing new on the German front. Inflation well […]
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