While politicians continually want to claim that their nations or areas of responsibility are ‘close to full employment’ the data rarely bears out that assessment. And think of it this way – the mainstream economists […]
Germany is proposing some more smokes and mirrors so that it can maintain its position as the exemplar of fiscal responsibility by obeying its ‘Debt brake’ yet inject significant deficit spending into its recessed economy, […]
1. The responsibility for the joint debt be taken off the European Commission and handed over to the ECB. That could easily be done. 2. The ECB then pays the debt off when payments fall […]
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