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
The EU’s employment situation stripped of the Ode to Joy and EU financed fireworks Read here
Explaining the falsity of the inflation hype and why economists cannot explain the contradictory numbers. Read here
Wolfgang Schäuble carries most of the responsibility for the terrible state of the EU economy since 2008. Read here
Without this massive funding of Member State by the ECB deficits (which are too low to be sure), many Member States would become insolvent fairly quickly – Italy would be first in the queue. Read […]
Fiscal support should always err on the side of ‘too much for too long’ rather than ‘too little for not long enough’. Read here
This has been going on for a couple of years now and seems to be increasing: the IMF presents enlightened policy papers and its leaders make progressive sounds – but all remains the same. Read […]
The predictions by so many economcist about a post-Brexit disaster for Britain have up to now not proven to be true Read here
Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is […]
Research finds that if the technocrats start forcing Italy into austerity measures via a return to the Excessive Deficit Mechanism (and enforcement of the Stability and Growth Pact fiscal rules) then the majority of Italians […]
Public officials tell the public they are not doing A but B, while doing exactly A Read here
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