If Schäuble really wants to follow Keynes’ advice, Germany should borrow more and focus less on others’ spending habits.
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Economics
Bill Mitchell – Repeat after me: Central banks can make large losses and who would care
All central banks that issue a sovereign currency: They can never go broke and could operate without problems with permanent negative equity. They are not profit-seeking companies owned by shareholders. They are part of the […]
Austerity
Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster Read here
EU politics
Politico: Catalan Politician Carles Puigdemont freed after arrest in Italy
Ex-Catalan leader was arrested in Sardinia on Thursday. Read here
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