The S&P Global Eurozone Manufacturing PMI contracted to 49.8 in July of 2022 from 52.1 in June, pointing to the slowest growth in factory activity since June of 2020. This is the recession we have […]
The classic question in economics is: If capitalists pay their workers too little, who is going to buy the capitalists’ products. Here is the answer. The same workers, who have to borrow from the banks, […]
The German government is about to authorise new arms exports to Israel. Reports indicate that it has already decided to green-light the export of 10,000 rounds of 120-millimetre precision guided ammunition to the Israeli military. […]
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