In Germany austerity is still considered the only responsible financial policy – by politicians, media , and populace. The same is true of the EU poltical elite.
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Geopolitics
Christine Schwöbel-Patel – The Coming Battle for Greenland
‘Greenland, rich in minerals, faces pressures from Donald Trump’s aggressive purchase ambitions and competing global interests. Without a sensible resolution, Greenland risks exploitation that will reduce it to an energy sacrifice zone.’ In Jacobin. Read […]
Climate Crisis
Energy Monitor: New EU state aid rules keep energy transition on the back burner
Renewables and community energy get support, but so do fossil fuels, while energy efficiency – among our most crucial tools right now – is undervalued. The European Commission can turn the intentionally vague rules around […]
Finance
The Asahi Shimbun – Stephanie Kelton: Japan shatters notion of deficit boogeyman
Modern monetary theory (MMT) is gaining much attention for its somewhat unorthodox view that governments do not have to worry about fiscal deficits. One of the main advocates of MMT is Stephanie Kelton, an economics […]
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