Germany’s recession continues. The government plans to introduce austerity measures and increase VAT for energy and restaurants, which will probably worsen this trend.
Austerity
Bill Mitchell – Australian Central Bank shows who is in charge as the speculators are outwitted
The Reserve Bank of Australia – is currently demonstrating what Modern Monetary Theory (MMT) economists have said all along – the financial markets can always be subjugated by the power of government, any time policy […]
Economics
Ian Proud – West confirms Ukraine billions funded by Russian assets
But the US taxpayer will be on the hook once a hold on Moscow’s money is lifted and Kyiv struggles to pay back loans Read HERE
Economics
DeStatis – German Recession: New orders in manufacturing in August 2024: -5.8% on the previous month
New orders in manufacturing: August 2024 (in real terms, revised): -5.8% on the previous month (seasonally and calendar adjusted) -3.9% on the same month a year earlier (calendar adjusted) July 2024 (in real terms, revised): […]
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