Central banks have lost control of both the narrative and the markets.
Economics
The Upshot: Is Capital or Labor Winning at Your Favorite Company? Introducing the Marx Ratio
An interesting article, but there are a number of caveats, as the author himself points out. Read here
Economics
Adam Tooze: Recession risk in a world in the grip of the global dollar cycle
Interest rates are rising like never before, and it’s the world’s poorest who will suffer most. Read the article HERE.
Austerity
Bill Mitchell: Dr Die Schwarze Null still not thinking beyond more austerity
Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is […]
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