Last night’s EU Council meeting once again failed to agree a rescue package large enough to meet the scale of the coronavirus crisis – and hung Europe’s peripheral states out to dry.
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Economics
Bill Mitchell: Inflation is not necessarily due to excessive spending
What a lot of people do not fully grasp. Inflation can be driven by administrative decisions and can be curtailed or restrained by varying those decisions. Read here Hyperinflation in the Weimar Republic
EU politics
The Herald – Scotland: Opposing sides unite to condemn Spain’s ‘authoritarian’ behaviour
The Scots have a very strong culture of democracy, justice, and interational solidarity. Let us hope that the Scottish National Party shares these values. Read here
EU politics
Catalan News: European Parliament authorizes far-right Vox conference on Catalonia
The EU can exist very well with fascism. Fascism is the optimal form of neo-liberalism. In the current crisis of liberal democracy, and its decreasing ability to control democracy in the interest of transnational corporations. […]
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