It has been a busy week with the US making a full-break with the Mou, and it centered on the language in paragraph five of the MoU:
Economics
Positive Money Europe: Helicopter money is the vaccine against a long-lasting Covid-19 recession
Europe needs helicopter money to cope with the severe upcoming recession while avoiding a massive unsustainable debt burden. As soon as the economic recovery phase starts, the ECB should boost consumption in a fair way […]
Economics
S&P Global: UK Economy Crashing into Recession – Inflation may slow
Key findings:Flash UK PMI Composite Output Index(1) at 50.9 (Jul:52.1). 18–month low.Flash UK Services PMI Business Activity Index(2) at52.5 (Jul: 52.6). 18–month low.Flash UK Manufacturing Output Index(3) at 42.4(Jul: 48.9). 27–month low.Flash UK Manufacturing PMI(4) […]
EU politics
Thomas Fazi: We are already at war with Russia
Never-ending escalation will result in catastrophe Read Here
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