Berlin debates how to deal with BRICS’ increase in influence. The group admits six new members, embeds itself intensively in the Middel East and weakens the position of the US dollar.
Economics
Grace Blakeley – Interest Rate Hikes Are Class War
Today’s right-wingers are hoping to solve the inflation crisis like they did in the 1970s: through hiking interest rates and suppressing wages. That’s how economists wage class war. Read Here
Economics
Bill Mitchell: It’s Modern Monetary Theory time! No, it always has been!
The shams about governments not having enough money to provide adequate housing, schooling, health care, employment, other services, and a sustainable response to climate change are now exposed for all to see. Read here
Economics
DeStatis – Germany: Decline in real earnings greater than in Great Financial Crisis
If this is a V-Recovery, it is obviously for the 1% Read here
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