A brilliant piece that demonstrates that the Swabian Hausfrau may be very efficent for the household, but has nothing to do with national finances.
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Frances Coppola: Everything You’ve Been Told About Government Debt Is Wrong
Economics
DeStatis: Germany’s first trade deficit since 1991
Interestingly Germany could increase its exports to Russia. When its a question of profits, the German hypocrites have no scruples. Exports (calendar and seasonally adjusted), May 2022 125.8 billion euros -0.5% on the previous month […]
EU politics
Bill Mitchell – Britain’s austerity costs are larger than any predicted Brexit losses
“New data now allows us to compute the losses arising from the deliberate strategy of fiscal austerity that the Government has pursued. Guess what? They appear to dwarf all the Project Fear estimates of losses […]
EU politics
Kathimerini – Greece: The long-run demographic consequences of the economic crisis
The Greek crisis imposed by the Troika, but before all by Germany, has not only decimated the economy, but also the population, as Bob Traa explains in this article. A smaller population means a smaller economy, […]
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