How do they finance it? By borrowing at negative rates.
Read here
Economics
Reuters: China’s factories reopen, only to fire workers as virus shreds global trade
A brilliant example of the spiral we are facing. Short and succinct. Everyone was praising globalisation, but apparently they do no understand it. Read here
Economics
Bill Mitchell: The Covid trade-off between health and the economy did not exist
Our health systems and labour markets have been pushed into unworkable states by the fiscal cuts, outsourcing, privatisation, casualisation, wage restraint, etc – all pursued in the name of making us all better off and […]
Economics
Philip Cunliffe: This is not a class war
The unions didn’t cause our summer of discontent Read Here
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