As European neo-liberal enforcers go into meltdown (political zombies like Renzi and Rajoy are gone, Merkel and May will follow) the European political class has a new strategy: ever bigger lies. In this blog Bill Mitchell looks at the Germans European unemployment insurance proposals that aren’t.
EU politics
France 24: France’s Yellow Vests mark anniversary with nationwide protests
French police detained dozens in Paris on Saturday as fierce clashes broke out in demonstrations marking the first anniversary of the yellow vest protest movement challenging President Emmanuel Macron’s policies. Read here
Finance
Scott Baum: The Gig Economy – a shameful failure of the neoliberal project
“The sharing economy amplifies the worst excesses of the dominant economic model: it is neoliberalism on steroids” Read here
Economics
CNBC: U.S. GDP fell at a 1.4% pace to start the year as pandemic recovery takes a hit
Gross domestic product in the U.S. declined at a 1.4% pace in the first quarter, below analyst expectations of a 1% gain. Declines in fixed investment, defense spending and the record trade imbalance weighed on […]
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