Malta is looking increasingly like a Mafia State, but so is much of Europe.
Read here
EU politics
El Nacional: Catalan government to “immediately” reopen five delegations abroad closed by Spain
Good to see the Catalans not being intimidated by a repressive, undemocratic Spanish government. Read here
Austerity
Bill Mitchell: European Union – business as usual as the madness continues
“With another cyclical downturn approaching, the European Commission continues to conduct its affairs in a sort of time warp, divorced from reality.” Read here
Economics
Bill Mitchell: Eurozone inflation heading negative as the PEPP buys up big – don’t ask the mainstream to explain
Governments save economies. Never let a mainstream economist tell you that government intervention is undesirable and that the ‘market’ will sort things out. Never let them tell you that large-scale government bond purchases by central […]
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