The German government is not sweeping the dirt under the carpet, it is shovelling it, especially SPD finance minister and chancellor candidate Olaf Scholz.
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Reuters: EU watchdog slams Germany for lapses in Wirecard fraud
Economics
Chris Dillow: HOW TO DEFEND CAPITALISM
“Capitalism hasn’t come into doubt because people woke up stupid one morning. It’s in question because it has stopped delivering the goods.” Read here
Economics
Michael Hudson – Today’s Civilisational Conflict
Abstract: United States’ evangelistic rhetoric describes the imminent political and economic fracture of the world economy as a “conflict of civilisation” between democracies (countries that support US policy) and autocracies (nations acting independently). It would […]
Economics
Heiner Flassbeck, Friederike Spiecker: Searching for the scapegoat – wages in the ECB’s focus
If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted […]
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