The situation is simply that the ECB made things worse by ignoring the incoming inflation storm and now seems set to continue tightening when the outlook is better. So they made it worse on the way in and now look set to do so on the way out.
The risks of further monetary stimulus measures by the European Central Bank outweigh the benefits. Additional stimulus will either amount to less than anticipated or will not be sustained – yet it could still undermine […]
“Cruise ships bring a hit and run tourism that actually brings little benefit to Venice” Read here
This is a further excellent piece concerning neoliberalism, what it is and why it does not work. Rodrik is of the opinion that there is no single neoliberalism. In fact the elements behind it are […]
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