The K-shaped global economy that enriched the rich and impoverished the rest now threatens collapse
Economics
DeStatis – Germany: Prices of residential property in the 2nd quarter of 2023: -9.9% on the same quarter of the previous year
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 […]
Economics
Eurostat – Household real consumption per capita continues decreasing in both euro area and EU
Still does not sound like a V Recovery Read here
Economics
Market Watch: Why India is the big winner as EU’s Russia oil ban redraws energy trade map
India buys oil cheaply from Russia & then sells it expensively as a refined product to Europe Read Here Photo: Indian oil refinery Kendash1987 licensed under the Creative Commons Attribution-Share Alike 4.0 International
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