European leaders should find inspiration in Keynes’ insight – that the world becomes richer when economies raise productivity and allow wages to keep pace.
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Michael Pettis: Europe’s wage paradox
Economics
DeStatis: German Manufacturing in January 2023: new orders fell by 10.9% year on year
This is is not the growth EU politicians and mainstream media were talking up a couple of months ago. Read HERE
EU politics
Catalan News: With Uber and Cabify back in Barcelona, are taxis headed for a new standoff?
Cab drivers forced ride hailing apps out of the city in 2019 — this time, keeping the upper hand could be harder Read here
Economics
Richard Murphy – Is the crisis happening?
I keep warning of a crisis. But the question to ask is whether there is evidence of it happening. There is. Take this chart from the FT on US oil reserves, which are falling rapidly: […]
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