“Europe’s problem is the German élite’s mindset, informed by a mercantilist model that insists on domestic wage and fiscal moderation.”
Read here
Economics
Bill Mitchell: The so-called euro stability spawned banking system that caused havoc
A very interesting analyses of the role of the EU and European banks in the Great Financial Crisis. Read here
EU politics
Yanis Varoufakis: For Europe’s sake, Britain must not be defeated
Yanis Varoufakis on the Brexit negotiations Read here A standard note on Brexit We at Brave New Europe don’t take a position on Brexit. While we recognise that many dark and odious forces lay behind […]
Economics
Bill Mitchell – US and UK fiscal stimulus supporting growth while the delays in the Eurozone lead to a double-dip recession
Fiscal support should always err on the side of ‘too much for too long’ rather than ‘too little for not long enough’. Read here
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