The German current account surplus of probably 7 per cent of GDP in the current year is an unparalleled scandal. However, it becomes a real political catastrophe when Germany accuses countries that have fairly balanced balances, such as China, or even high current account deficits, such as the USA, of mercantilism when they defend themselves against the actual mercantilists.
Geopolitics
Drop Site:Leaked Data Reveals Massive Israeli Campaign to Remove Pro-Palestine Posts on Facebook and Instagram
A sweeping crackdown on posts on Instagram and Facebook that are critical of Israel—or even vaguely supportive of Palestinians—was directly orchestrated by the government of Israel, according to internal Meta data Read HERE
Austerity
Quinn Slobodian – Hayek’s Bastards: The Populist Right’s Neoliberal Roots
Much of the media has framed the populist right as a backlash against neoliberalism – but they share common roots in the project to defend social hierarchies against the threat of equality. Read here
Austerity
Kate Mackenzie, Tim Sahay: Carbon Budget versus Fiscal Budget
Mark Blyth: “The continuing idiocy of the EU’s fiscal rules in an era of underinvestment and climate change. Madness on stilts”. Read HERE
Be the first to comment