This morning has brought more warning signs for the Euro area economy. This adds to the backdrop where the PMI business surveys have been suggesting a decline of 0.4% for GDP in the quarter just ended.
Economics
Bill Mitchell: In the battle between government and the hedge fund gamblers – the government has all the cards
Investors is code for speculative gamblers Read here
Economics
Bill Mitchell: Massive wastage of labour in the European Union
The EU’s employment situation stripped of the Ode to Joy and EU financed fireworks Read here
Economics
Bill Mitchell: The French inferiority complex
A reflection would suggest that France should lead the way out of the Eurozone and craft policy that advances the interest of all French citizens rather than play into the global aspirations for supremacy held […]
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