The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as the ifo index and the PMI markit, which were surveyed in August, point clearly downwards. So it can no longer be ruled out that the recession will continue even at a pace much faster than now.
Austerity
Red Pepper: Why Europe needs Corbyn
This is another article in our continuing debate concerning whether the neo-liberal EU can be reformed to become a democratic, progressive, and social political organisation. Read here
Economics
Stephanie Kelton: Modern Monetary Theory Is Not a Recipe for Doom
There are no inherent tradeoffs between fiscal and monetary policy. Read here
Climate Crisis
George Monbiot: The Earth is in a death spiral. It will take radical action to save us
Climate breakdown could be rapid and unpredictable. We can no longer tinker around the edges and hope minor changes will avert collapse. Read here
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