US president says EU is ‘maybe, in certain ways’ tougher than China.
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Economics
PRIME: Ann Pettifor – Quantitative Easing: how the world got hooked on magicked-up money
Going cold turkey would finish off a dysfunctional global financial system that’s now hopelessly addicted to emergency infusions. The only solution is surgery on the system itself. Read here Alec Monopoly, Breaking the Bank mixed […]
Austerity
Bill Mitchell: Japan national accounts – sales tax rise, growth collapses – as night follows day
Please also see Michael Roberts – Japan: Abenomics revisited Read here Tokyo, Japan. Photo by Francisco Diez. CC BY 2.0 via Wikimedia Commons.
Austerity
Bloomberg: College Grads Sell Stakes in Themselves to Wall Street
So we have it again. The commodification of human beings. It used to be known as slavery, now it is called “income sharing”. Isn´t the Sharing Economy so wonderful! Read here
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