Anyone who says that Germany has a problem with competitiveness, that labour costs are too high or that we need to tighten our belts is contradicting the facts. Germany is still living below its means and continues to violate the rules of the EMU. Wages would have to rise more sharply than in the rest of the EMU for several years to give the other members a chance to regain at least some of the market share lost to Germany in the past.
Climate Crisis
Max Lawson: Planet Earth can’t afford the rich
Research shows a drastic reduction in inequality is necessary to ensure a decent live for all and save the planet Read the article HERE
Solutions
James Foley and Ben Wray: How socialists should think about national independence struggles
Extract from new book ‘Scotland After Britain: The two souls of Scottish independence’ on the Marxist approach to nations, nationalism and independence movements Read the article HERE
Economics
ING Think: French GDP stagnates in 1Q, hit by household consumption
This could well be just the beginning. Next Germany in recession? Read Here Photo: Nick Thweatt licensed under the Creative CommonsAttribution-Share Alike 3.0 Unported
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