A brilliant example of the spiral we are facing. Short and succinct. Everyone was praising globalisation, but apparently they do no understand it.
Economics
Shaun Richards: Who thought the ECB would be sharply raising interest-rates with Germany in recession?
This morning has brought us back to some extent to a piece of economic orthodoxy. Putting it another way something which was always really rather likely is being presented as a shock of sorts. So […]
Economics
Reuters – German Recession: Downturn in German manufacturing suffers fresh setback, PMI shows
The downturn in Germany’s manufacturing sector, which accounts for about a fifth of Europe’s biggest economy, experienced a fresh setback in June as output and new orders declined at a faster pace, a survey showed […]
Finance
Bloomberg: Uber Created a $6.1 Billion Dutch Weapon to Avoid Paying Taxes
Great job EU! After years of discussion, Uber simply side-steps EU laws. How was this possible? Read here
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