The euro-nations (and the whole of the EU for that matter) are paying the price for accepting German hegemony, as the Germans threaten to bring down both organisations with their particular interests at the cost of everyone else.
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EU politics
The Globe Post: Catalan Separatists on Trial Pay Price for Spain’s Crude Transition to Democracy
Watching the trials of the Catalan independentists now taking place at Spain’s highest court in Madrid, I have been reminded again and again of a scene from director Hal Ashby’s marvelous 1979 movie Being There. Read here
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Climate Crisis
David Wallace-Wells: Ten Million a Year
November 25, 2021
Mathew D. Rose
Climate Crisis, Economics, Energy, Environment, Finance, Sustainability
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The burning of fossil fuels kill ten million persons through air pollution alone. There are so many reasons to leave fossil fuels in the ground. Read here
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Economics
Bill Mitchell: Deliberately creating mass unemployment now would be the work of vandals and New Keynesians
So there is an inflationary episode under way being driven largely by oil prices, which are fixed by an uncompetitive international cartel. Read Here Photo: Ben Lunsford licensed under the Creative Commons Attribution-Share Alike 3.0
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