There can be no more claims of a recovery, but things are looking increasingly like a recession as the EU’s economic strategy against Russian backfires
Economics
Bill Mitchell: The current inflationary period is not remotely like the 1970s
The problem is that central bankers keep referring to wage-price spirals and expectations to justify their decisions to hike rates. The reality is that those justifications are just smokescreens and there is no justification for […]
Climate Crisis
npr: Despite climate change promises, governments plan to ramp up fossil fuel production
Despite lofty commitments by governments to reduce greenhouse gas emissions, they are still planning to extract huge amounts of energy from fossil fuels in the coming years, according to a new report from the United […]
Economics
Prime Economics: T Sabri Öncü – A War No One Can Win – Ukraine and the Weaponisation of Everything
The Russian invasion of Ukraine started on 24 February 2022. Since then, several thousand combatants from both sides and more than 500 Ukrainian civilians have died, bombs have ruined many cities, and more than two […]
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