There are no inherent tradeoffs between fiscal and monetary policy.
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Economics
South China Morning Post: China’s property crisis: who and what will save the indebted developers in the world’s largest real-estate market?
Sunac, which forked out 43.8 billion yuan in 2017 to help Wanda, defaulted on a US dollar bond last week, and had its rating cut twice by Fitch, deep into junk status R&F, which bought […]
Economics
Bill Mitchell: A debt jubilee is the only way low-income nations will escape the penury of debt distress (and the IMF/World Bank)
There is something deeply wrong with the world under Capitalism when the poorest countries in the world pay more out on debt servicing to loans that the wealthy countries have provided than they do on […]
EU politics
The Local de: German business warns of Brexit ‘chaos’
The EU has been lying to its citizens for two years, claiming that Brexit would destroy the British economy while leaving EU business unscathed. How that would be possible if Germany alone has a 40 […]
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