Is there an economic crash coming soon? Wolfgang Streeck, Cédric Durand, Susan Newman, David M Kotz, Minqi Li, Mary Mellor, and many others provide a short answer.
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State of Nature – One Question: Economic Crash
Economics
Bill Mitchell: Latest data – largest quarterly output decline in recorded US history – but Europe is worse
Unfortunately mostly US and little Europe. But as the US is faring better than Europe it is still a bellwether and might provide some insights with regard to the EU. Read here
Finance
Reuters – Biden administration blocks Trump-era rule affecting gig workers
Like the US lifting patent rights on COVID vaccines has forced the EU to change policy, this will probably change the EU’s planned law concerning gig workers, who they were planning to screw. The Biden […]
Finance
Instituional Investor: Norway Blocks Wealth Fund From Investing in Private Equity
The country’s finance ministry cited fees and lack of transparency as reasons not to invest in unlisted equities. Read here
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