When a high-ranking European policymaker like Christine Lagarde gives a keynote speech on “policymaking in an age of shifts and breaks” at a meeting of the world’s most important central bankers, one should listen carefully. Because that is indeed what matters in this world: how to manage the inevitable structural change without making serious macroeconomic mistakes.
Economics
Hellenic Shipping News: German industry cuts production due to high energy prices
Germany faces the collapse of its economic model in the face of the Ukraine war and the new cold war with China Read Here
Economics
Ashoka Mody: Italy never should have joined the euro, and the ECB can’t rescue it from its next crisis
Mody’s analysis is not new, but cannot be repeated often enough. The Euro was a project that should never have occurred, and was organised by those who had ulterior motives, not the well-being of their […]
Economics
European Commission: EU business sentiment hits lowest level in two years
October 2022: Economic Sentiment and Employment Expectations further down in the EU and the euro area Read Here
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