Interest rate rises in the US have neither been effective in reducing inflation nor produced a recession. So what is going on? Cross-posted from Common Dreams Back in 2021 and early 2022, a posse of […]
EU sanctions failed to debilitate the Russian economy in 2022, but that might be changing. Gubad Ibadoghlu is a Senior Visiting Fellow at the London School of Economics and Political Science. Cross-posted from LSE EUROPP’s […]
Germany is entering recession, despite predictions from the great and the good that it wouldn’t. Read the article HERE.
Contrary to popular opinion, Chinese investment into Germany is declining. On the otherhand, German capital is flooding into China, while reliance on Chinese imports is rising too Milan Babic is an Assistant Professor in Global […]
Interest rates were attached to Quantitative Easing, so that banks get interest on money created by the BoE, in which they have done nothing to earn. Now interest rates are rising, and those banks are […]
The eurozone will officially been in a recession shortly. Read the article HERE.
In this interview on Jacobin, historian Gary Gerstle discusses his now book, ‘The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era’, with J. C. Pan. Read here.