Bill Mitchell: Tax cuts are unlikely to work at present and are less effective than government spending increases
A short lesson in macroeconomics Read here
A short lesson in macroeconomics Read here
Employment is stagnant in Germany, with half a million less employed. Do not forget, Germany has round six million furloughed workers, not to mention an enormous self-employed grey zone, which is not discernable these into […]
If you still had any illusions of how the EU functions under its German hegemon, this article will remove these. A brilliant piece. Read here
Turnover in the non-financial business economy in Germany was down slightly in August 2020 compared with July 2020 Read here
New orders in main construction industry, July 2020 -5.6% on the previous month (in real terms, seasonally and calendar adjusted) -4.9% on the same month a year earlier (in real terms, calendar adjusted) -2.5% on […]
Goldman Sachs. Says it all. Read here
Once again the Germans are trying to assert their authority over the ECB and bully it into constraining the only policy intervention that is saving the eurosystem from collapse, by way of insolvency of several […]
This is why Germany wanted von der Leyen as president of the European Commission so that she can impose Germany’s Brown Deal upon the EU, of course calling it a Green Deal. Read here
If this is a V-Recovery, it is obviously for the 1% Read here
The EU’s Climate Plan and Green Deal: the political equivalent of Wirecard Read here
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