In spite of China’s extraordinarily high investment levels, domestic savings nonetheless exceed domestic investment by quite a lot, making it a large net exporter of capital.
Climate Crisis
GNDE: A Green New Deal for Europe
A first attempt to present a pragmatic and comprehensive policy package -including the use of public financing – that lives up to the Green New Deal’s core principles – by a coalition calling itself gndforeurope […]
EU politics
The Guardian: French police weapons under scrutiny after gilets jaunes injuries
Government facing calls to ban riot police’s use of explosives. What has been going on in France for almost three months is a brutal repression not appropriate for Europe. Why are we seeing this in […]
Economics
Bill Mitchell: US inflation rate down to 3 per cent and falling fast – it was transitory, folks
The inflation is burning out pretty quickly. I consider my assessment that this was always going to be a transitory period of inflation has been validated by the data. I also think we have reach […]
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