The EU’s dependency on China and Russia due to Germany and Merkel’s “Germany First” policy has become all too obvious.
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Eurostat: Eurozone trade deficit to 13-year high as it becomes increasingly dependent on China and Russia
Economics
Bill Mitchell: Education – a faux crisis, an erroneous ‘solution’ and capital wins again
Beginning with education, this morphs into an article about the Big Four Accountancies, especially Ernst & Young. As always with Mitchell, well worth reading. Read here
Climate Crisis
Balkan Green Energy News: Fossil fuels still subsidized more than renewables in EU, auditors find
The EU’s energy taxation and carbon pricing policies don’t square with its climate goals, the European Court of Auditors said in a review. The document reveals most member states gave more subsidies in 2020 for […]
Economics
Bill Mitchell – The effectiveness and primacy of fiscal policy – Part 2
“This is the second part of a three-part series discussing the political issues that give me confidence in the primacy of fiscal policy over monetary policy.” Read here
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