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.
Economics
DeStatis – German Recession: Stock of orders in manufacturing in August 2024: -4.7% year on year
Stock of orders in manufacturing, August 2024 -1.0%, in real terms, on the previous month (seasonally and calendar adjusted) -4.7%, in real terms, on the same month a year earlier (calendar adjusted) Range of the […]
Austerity
Bill Mitchell: Bottom up reform in the EMU requires the abandonment of the Treaties
The question is when will Brussels seeks to reinstate the Stability and Growth Pact. Read Here
Geopolitics
Al Jazeera – Over 20,000 children buried, trapped, detained, lost amid Gaza war: Report
‘Huge numbers trapped beneath rubble, buried in unmarked graves, detained by Israel, says Save the Children.’ Read the article HERE.
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