Interesting how often laws are either interpreted or “improved” to protect the interests of the 1%.
Read here
Reuters: Swiss prosecutors seek widening of secrecy law to bankers abroad
Economics
Bill Mitchell – The end of the common currency (euro) cannot come soon enough
Recently (April 26, 2023), the European Commission released its latest missive – Commission proposes new economic governance rules fit for the future. Once operational, the policies advocated in this new governance structure will ensure that […]
Economics
New Economy Brief: What if all wages went up by inflation?
Inflation-linked wages in Belgium should have produced a wage-price spiral…but they haven’t. In fact, inflation in Belgium is dropping faster than many other economies. Why? Read HERE Photo: EmDee/Creative Commons
Economics
Eurostat – Third quarter of 2022: Annual increase in labour costs at 2.9% in euro area Increase at 3.4% in EU
Huge drop in real wages. So where is the inflation coming from? Read Here
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