Bill Mitchell – Rising prices equal an inflation outbreak (apparently) but then the prices start falling again

German investor morale darkened more than expected in August, posting its strongest decline in two years, the ZEW economic research institute said on Tuesday. The economic sentiment index fell to 19.2 points from 41.8 points […]

Shell’s CEO chose the hottest day in human history to announce he was reneging on the company’s climate pledges. Read HERE

Interestingly Germany could increase its exports to Russia. When its a question of profits, the German hypocrites have no scruples. Exports (calendar and seasonally adjusted), May 2022 125.8 billion euros -0.5% on the previous month […]