This morning has brought more warning signs for the Euro area economy. This adds to the backdrop where the PMI business surveys have been suggesting a decline of 0.4% for GDP in the quarter just ended.
Economics
Bill Mitchell: In the battle between government and the hedge fund gamblers – the government has all the cards
Investors is code for speculative gamblers Read here
Economics
Heiner Flassbeck: The political elephant in the china store – and why you can’t or won’t see it
In English there is the beautiful expression of the “elephant in the room”, which is very big, but seemingly not discovered by anyone. People talk about all kinds of things that are in the room, […]
Climate Crisis
Phys Org: ‘Throwaway economy’ thwarting climate goals: report
70 percent of greenhouse gas emissions are linked to the manufacturing and use of products. Read Here
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