It will be interesting how far the 5-Star Movement fulfils its promises and how Italian companies react, should that be the case.
Austerity
Bill Mitchell: The EU pronouncement of a Greek success ignores the reality
1. Real GDP has shrunk by 23.9 per cent since the crisis began and has been stuck around that mark since 2012. There has been virtually no growth at all since the trough was reached […]
Economics
Bill Mitchell: The lame progressive obsession with meaningless aggregates
“It continues to amaze me how lame some progressive politicians are. They think it is clever to skewer the conservatives on matters pertaining to deficits or public debt ratios. But the reality is that all […]
Economics
Thomas Piketty: The G7 legalizes the right to defraud
G7 plans to apply a minimum tax rate of 15% on the offshore profits of multinationals. Let us be clear: if we leave it at that, it is nothing more and nothing less than the […]
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