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
Heiner Flassbeck – Hooray, they’re letting us just about manage!
How neo-liberalism is once again moving the goalposts with regard to worker’s earnings and those who don’t even notice it Heiner Flassbeck is an economist, as well as publisher and editor of “Makroskop” and “flassbeck […]
National Politics
Politico – Far-right Herbert Kickl gets his chance to form government in Austria
Austria looks like it is the latest European country to go far-right. Read the article HERE.
National Politics
Lily Lynch – Democratic Pretence
Analysis of the recent election in Serbia and the fallout from it. In New Left Review’s ‘Sidecar’. Read the article HERE.
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