Latin America as a whole must learn from Asia that only an active and enlightened state can successfully manage a market economy. Those who believe that libertarian ideas can be used to launch a modern economy into a world economy that has nothing, absolutely nothing, in common with a fair rules-based order will fail even more miserably than their predecessors.
Economics
DeStatis – Germany: Production in June 2023 -1.7% year on year
Production in industry June 2023 (in real terms, provisional): -1.5% on the previous month (seasonally and calendar adjusted) -1.7% on the same month a year earlier (calendar adjusted) Read HERE
Finance
Eurostat: Contingent liabilities and non-performing loans in 2021
In 2020 and 2021, government guarantees provided to third parties in the EU increased notably, following the onset of the COVID-19 pandemic – especially in Germany. Read Here
Austerity
The Guardian – The Open University: issues, not just personalities
The message concerning the UK University Strike seems to be slowly but surely sinking in. For this we have only the very hard work that the strikers have invested in making the facts and their […]
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