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.
EU politics
Chris Dillow: Centrists against freedom
Democracy has increasingly become a problem for the EU. Not just for the Orbans and far right, but for the so-called cnetrist parties. Read here
Economics
BBC – Britain: Inflation drives fastest fall in real pay on record
Pay has fallen further behind the rising cost of living, according the latest official data. Not for corporate profits. Read Here
Economics
Bill Mitchell: Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory
Tax rate changes can be used to manipulate spending Read Here Photo: MarkBuckawicki available under the Creative CommonsCC0 1.0 Universal Public Domain Dedication
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