Three errors, all stemming from obsolete and discredited 1990s and early 2000s style thinking, have vitiated our national responses to inflation thus far. Counterpart errors, as it happens, account for our past 50 years’ economic, hence social and political, entropy.
Economics
IWH: German corporate insolvencies hit 20-year high
Corporate insolvencies in Germany rose last year to their highest level in two decades, according to data published on Thursday by a leading economic research institute. Read Article HERE
Economics
Thomas Piketty: For an autonomous and alterglobalist Europe
Will Europe manage to redefine its place in the world geopolitical order? With Russia’s invasion of the Ukraine and rising tensions with China, circumstances oblige it to do so, but hesitations are emerging. Read Here
Finance
David Graeber: We’re racing towards another private debt crisis – so why did no one see it coming?
From The New Statesman As in 2008 private debt threatens to provoke the next financial crisis in the United Kingdom. Once again the facts are being ignored by those financial instituions responsible. Read here
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