Three errors, all stemming from obsolete and discredited 1990s and early 2000s style thinking, have vitiated our national responses to inflation thus far. Counterpart errors, as it happens, account for our past 50 years’ economic, hence social and political, entropy.
Economics
Kyiv Independent: IMF identifies $10-20 billion gap in Ukraine’s external financing, Bloomberg reports
The International Monetary Fund has determined that Ukraine’s financing needs over the next two years may exceed the government’s estimates by $10–20 billion, Bloomberg reported on Sept. 11, citing undisclosed sources. But don’t worry, Europe […]
Economics
DeStatis – Germany: New orders in manufacturing in July 2023 -10.5% year on year
Germany seems to be going from one bad disappointing economic development to the next. New orders in manufacturing:July 2023 (in real terms, provisional):-11.7% on the previous month (seasonally and calendar adjusted)-10.5% on the same month […]
Austerity
Anadolu Agency: Spain’s poverty rate ‘appallingly high’: UN expert
26.1% of people in Spain, 29.5% of country’s children are at risk of poverty or social exclusion, says UN official Read here
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