One question that continually comes up when I do interviews is this: If governments are not financially constrained in their spending why do they issue debt?
Read here
Bill Mitchell: Why do currency-issuing governments issue debt? – Part 1
Geopolitics
The Cradle: Pakistan opens Iran trade corridor beyond Washington’s control
Islamabad’s opening to Tehran reveals the limits of US pressure when crisis diplomacy, Gwadar, and Eurasian trade routes begin to overlap. Read Article HERE
Economics
Bill Mitchell: The Merkel failure
An excellent summarisation of what everyone knew, but few dared to say until Merkel was gone. Read here
Economics
Destatis – Germany: Manufacturing in April 2022: new orders down 2.7% on the previous month
The German economy is not going anywhere at the moment. A recession anyone? Read Here Photo: Julia.Roesler licensed under the Creative Commons Attribution-Share Alike 4.0 International
Be the first to comment