Chinese economists and officials are sounding alarm bells over the state of the country’s stalling economy.
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Austerity
Yanis Varoufakis: Inflation as a Political Power Play Gone Wrong
The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off? Was it China, where most physical production had moved […]
Geopolitics
Politico – NATO allies agree to 5 percent defense spending goal
Amazingly, only Spanish Prime Minister Pedro Sánchez has seen sense and got an opt-out to NATO’s new demand on countries to spend 5% of their GDP on defence. All the rest are now lashed to […]
Austerity
Bill Mitchell – The ‘disciplining role of markets’ should be replaced by the disciplining role of democracy
Capital through its lobbying power has also meant that there is now democratic deficits rising all around the world. So, we don’t even get to express our political choices on an even playing field. Read […]
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