A disappointing shrinking of the German economy in the second quarter illustrates how difficult it will be to escape the current dismal combination of both cyclical and structural headwinds
Austerity
Aditya Chakrabortty: These councils smashed themselves to bits. Who will pick up the pieces?
Experts saw it coming – it was inevitable: The neo-liberal discourse that private is better. It is pernicious. The question is when the British will stop voting for Tory ideology and hoping a fairytale will […]
Austerity
Huffington Post – Austerity Bites: Westminster Is Brexit Blind But Across The Country People Are Struggling With More Tangible Problems
They just dont learn. At the end the coporate media mentality wins the day. Read here
Economics
Eurostat: Industrial production down by 2.4% in the euroarea and by 0.8% in EU year on year
There can be no more claims of a recovery, but things are looking increasingly like a recession as the EU’s economic strategy against Russian backfires Read Here
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