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.
Solutions
Dylan Riley: Drowning in deposits
Interesting polemic in New Left Review’s ‘Sidecar’ against the Green New Deal and for the socialisation of finance. Read the article HERE.
Corruption
Bloomberg: Populist President to Shield Billionaire Premier in Fraud Probe
The EU has become a cesspool of corruption, where its leaders are free to murder journalists who report this. Do not forget that Babis supported von der Leyen – in other words got her into […]
Economics
Eurostat: Business investment decreases to 23.2% in the euro area
The EU’s V-Recovery is unstoppable! The business investment rate in the euro area decreased to 23.2%, compared with 25.3% in the first quarter of 2020, reflecting the decrease of the gross fixed capital formation by […]
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