“ECB research shows that more than one-fourth of low-income households expect late payments on their mortgages in the coming months.” In EuroNews.
Read the article HERE.
Euronews: Low-income Europeans face hard times in housing cost struggle
Economics
Heiner Flassbeck: Saving is the problem, debt is the solution
Talking about debt without taking saving into account is pointless. Read HERE
Economics
Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data. Read Here
Climate Crisis
Robin Scher: As Cryptocurrency Becomes Mainstream, Its Carbon Footprint Can’t Be Ignored
As Bitcoin prices rise, so will the incentive to mine it, creating a feedback loop that spells trouble for the climate. Read here
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