It appears that Labour has finally freed itself of the Blairites, is ignoring corporate media (and the Guardian), as well as the centrist liberals. It is a first step, but they will all be back, including corporate money – which speaks loudly.
Economics
Bill Mitchell: We are approaching a period of fiscal dominance
The dissonance in mainstream economics and the political debate about policy settings is getting deeper and more public. Read here
Geopolitics
Al Jazeera: Iran negotiator Ghalibaf rejects claim unfrozen funds will buy US goods
The denial contradicts the US administration, which said unfrozen funds will be spent on produce from American farmers. Read Article HERE
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 […]
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