The German current account surplus of probably 7 per cent of GDP in the current year is an unparalleled scandal. However, it becomes a real political catastrophe when Germany accuses countries that have fairly balanced balances, such as China, or even high current account deficits, such as the USA, of mercantilism when they defend themselves against the actual mercantilists.
Economics
Ann Pettifor: The indefatigable efforts of J. M. Keynes
Ann Pettifor argues that a failure to recognize the economist’s work guarantees further crises Read here
Corruption
The Guardian: Disney, Huawei and EY among worst offenders in disclosing lobbying
What no one wishes to admit is that lobbying is simply rampant corruption that has been anchored in legality by those who profit from it: politicians. Simple principles like a level playing field – a […]
EU politics
Politico: Let Ukraine strike into the heart of Russia, MEPs urge EU countries
European Parliament, led by Germany’s fascist Greens, puts pressure on national governments with large vote in favor of letting Kyiv hit strategic Russian territory. Read HERE
Be the first to comment