Neo-liberalism can only flourish where democracy is reduced to a minimum, to folklore. The EU is neo-liberal. Thus the European Court of Justice will almost always decide against democracy.
Yet more evidence that the EU’s ‘budget rules’ are wholly political – when it’s government’s Brussels doesn’t like, they are iron-clad, when it’s government’s Brussels does like, they are broad guidelines. Read the article HERE.
First, let me answer the question in the title: I do not know because, according to conventional theories, when the realised and expected inflation rates are as high as they are in the United States […]
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