Difficult 24 hours ahead if meaningful outcome is to be secured from climate summit
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Climate Crisis
Bill Mitchell: A large government presence required for energy transition does not mean massive deficits are required
Massive government size does not necessarily mean massive fiscal deficits. Read HERE
EU politics
Politico – Von der Leyen offers big budget concession to MEPs ahead of no-confidence vote
Even the spineless European Parliament is starting to get jumpy about Von Der Leyen’s horrendous leadership. Read the article HERE.
Economics
Michael Pettis – The Only Five Paths China’s Economy Can Follow
here is increasingly a consensus in Beijing that China’s excessive reliance on surging debt in recent years has made the country’s growth model unsustainable. Aside from the economy’s current path, there are only four other […]
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