“Short-term responses are being put in place to deal with mid- to long-term problems, which is understandable given the urgency of the immediate.”
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Economics
DeStatis – Germany: Prices of residential property in the 3rd quarter of 2023 -10.2% on the same quarter of the previous year
Do not worry. This is part of a very clever strategy of the German government to tank their economy, which will convince the Russians to do the same and then the Ukrainians can march into […]
Finance
Ann Pettifor – Time to tighten financial seatbelts?
There’s reason to believe that the combination of high levels of public and private indebtedness combined with high interest rates could lead to financial trouble in the not-too-distant future. In Ann Pettifor’s Substack. Read the […]
Finance
How Global Finance Drove Deindustrialization: Interview w/ Ann Pettifor
‘Economist Ann Pettifor explains how America’s industrial decline has its roots in the dismantling of the international monetary system established at Bretton Woods and in the rise of a global financial system that prioritizes capital […]
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