EU free trade agreement with India is to offer alternatives to business with the US. With Europe in trouble as Trump’s extortionate tariffs bite, experts advise greater autonomy from the US.
Austerity
Bill Mitchell: German threats of exit rely on the ignorance of others reinforced by Europhile progressives
Bullying is the hallmark of politics in Europe it seems. Read here Photo: youtube
Economics
Bill Mitchell – US Labour Market – cheering but it is too early to break out the champagne
The numbers filing for unemployment insurance continue to rise and now top 43.2 million since March 7, 2020. A further 1.9 million filed in the week ending May 30, 2020. Read here
Economics
Michael Pettis: Europe’s wage paradox
European leaders should find inspiration in Keynes’ insight – that the world becomes richer when economies raise productivity and allow wages to keep pace. Read Article Here
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