The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in the previous month. In the forecast for February 2024, the Consumer Climate falls to -29.7 points – a decline of 4.3 points compared to the previous month (revised to -25.4 points). These are the results of the GfK Consumer Climate powered by NIM for January 2024, which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), founder of GfK, since October 2023
Economics
Steve Keen: Some Preliminary Questions for MMT
Steve Keen responds to questions with regards to Modern Monetary Theory reaised by Bill Mitchell. Read here
Economics
Richard Murphy: There is no such thing as taxpayer’s money
All money is created by the government. Taxpayer’s merely used government created money. Read here
Climate Crisis
Euractiv: Investors worth €50 trillion call on EU to exclude gas from green finance taxonomy
Yes, but German corporations have heavily invested in gas and will continue to invest heavily. The German government will protect these interests. And Germany is the EU hegemon. Read here
Be the first to comment