Talking about debt without taking saving into account is pointless.
EU politics
Scroll.in: German city rescinds literary prize to Kamila Shamsie for supporting anti-Israel movement
The British-Pakistani novelist said there was no contradiction between supporting the BDS movement of Palestinian activists and receiving the Nelly Sachs Prize. How long until Germany forces BDS supporters to sew yellow stars onto their […]
Economics
Bill Mitchell: Fiscal stimulus disappears into saving – solution – bigger stimulus was needed in the first place
Wasn’t there once something called “demand side economics”? Read here
Corruption
El Pais: Spain modernizing Venezuelan tanks despite EU-wide arms embargo
As one sees there is no difference between the “centrist” corrupt Partido Popular and the “centrist” corrupt Social Democrats in Spain. This is pretty much true throughout most of Europe South of Scandinavia. Read here
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