In Germany long-term price stability has meant suppression of wages. This has enabled its mercantilist policy, which has been so disastrous for the euro-nations.
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Climate Crisis
Chafik Ben Rouine, Flavie Roche – ‘Renewable’ energy in Tunisia: an unjust transition
The climate policies that have been designed by Tunisia in the last few decades have failed to bring about the changes needed. This is because they remain embedded in a capitalist framework that imposes a […]
Economics
Charles Hugh Smith: The Fed’s Grand Bargain Has Finally Imploded
Well worth a read: The Fed, the asset bubble, and the end of capitalism as we know it. Or maybe just another doomsday blog. Read here
Economics
DeStatis – German Recession: Industrial Production in 2024: -4.5% in comparison to 2023
Production in industry December 2024 (in real terms, provisional): -2.4% on the previous month (seasonally and calendar adjusted) -3.1% on the same month a year earlier (calendar adjusted) November 2024 (in real terms, revised): +1.3% […]
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