Climate breakdown could be rapid and unpredictable. We can no longer tinker around the edges and hope minor changes will avert collapse.
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Austerity
Bill Mitchell – When disaster strikes the poorest nations, the IMF guarantees to make it worse
While even many progressive economists were effusive about the advances being made in IMF policy the same neo-liberal destruction continues in practice. Read here
Economics
DeStatis – German Recession: Industrial Production in March 2024:-3.3% on same month in previous year
Production in industry March 2024 (in real terms, provisional): -0.4% on the previous month (seasonally and calendar adjusted) -3.3% on the same month a year earlier (calendar adjusted) February 2024 (in real terms, revised): +1.7% […]
Economics
DeStatis – German Recession: Stock of orders in manufacturing in February 2024: -5.8% year on year
The real (price adjusted) stock of orders in manufacturing was down 0.2% in February 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar […]
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