Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort
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Ben Bernanke Dollar by Gage Skidmore
Peter Bofinger and Thomas Haas: A Nobel Award for the Wrong Model
Economics
DeStatis – German Recession: Exports to non-EU countries in October 2024: expected decrease of 6.5% on October 2023
Exports to third countries (calendar and seasonally adjusted exports of goods), October 2024 55.1 billion euros -6.9% on the previous month -6.5% on the same month a year earlier Read HERE
EU politics
Private Eye: London lawyers pursue the dead – Daphne Caruana Galizia
What ever happened to freedom of the press being one of the most valuable elementss of our democratic heritage? Obviously making money trumps that. Read here
Economics
DeStatis – Germany: Exports to non-EU countries in April 2023: expected decrease of 5.7% on March 2023
More bad news for Germany’s mercantilist economy Exports to third countries (calendar and seasonally adjusted exports of goods), April 2023 56.5 billion euros -5.7% on the previous month -2.0% on the same month a year […]
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