Anyone who says that Germany has a problem with competitiveness, that labour costs are too high or that we need to tighten our belts is contradicting the facts. Germany is still living below its means and continues to violate the rules of the EMU. Wages would have to rise more sharply than in the rest of the EMU for several years to give the other members a chance to regain at least some of the market share lost to Germany in the past.
Geopolitics
Times of Israel: Blinken approves $20 billion sale of weapons to Israel, including F-15s
February 14, 2020, in Deland, Florida. (AP Photo/Phelan M. Ebenhack) US Secretary of State Antony Blinken has approved weapons sales of more than $20 billion to Israel, including F-15 fighter jets and nearly 33,000 tank […]
Austerity
Chris Dillow: CONSERVATIVES & AUSTERITY
Austerity is a weapon in class warfare. Chris Dillow ponders “why are Conservatives so supportive of such austerity?” His hypothesis is: Fiscal austerity is needed in order to maintain the “natural” hierarchy in which the […]
Economics
Ann Pettifor: Is your future pension safe?
Tied to the spinning wheels of the Global Casino? Read the Article HERE
Be the first to comment