When a high-ranking European policymaker like Christine Lagarde gives a keynote speech on “policymaking in an age of shifts and breaks” at a meeting of the world’s most important central bankers, one should listen carefully. Because that is indeed what matters in this world: how to manage the inevitable structural change without making serious macroeconomic mistakes.
Geopolitics
AntiWar.com: Trump Paused ‘Project Freedom’ Due To Backlash From Gulf Arab Allies
According to Israeli media, Saudi Arabia is restricting US access to bases until the US ‘provides proper protection’ from Iranian attacks Read Article HERE Photo: White House
Economics
Bill Mitchell: The global poly crisis is the culmination of the absurdity of neoliberalism
A poly crisis requires fundamental change. But, such is the dominance of the mainstream, which has created this crisis, that all we get is more of the same. Read Here
Economics
Bloomberg: Germany’s Economy Runs on Low Wages
The European giant can rely on an army of poorly paid workers to weather a downturn. Read here
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