An excellent analysis of the current electricity interruptions in China
Read here
Economics
Bill Mitchell: US labour market recovery leaves considerable slack and rising long-term unemployment
The US labour market is still 6,76 thousand jobs short from where it was at the end of February 2020, which helps to explain why there are no fundamental wage pressures emerging. Read here
Food Production
George Monbiot: Goodbye – and good riddance – to livestock farming
From The Guardian Livestock production is the single largest driver of habitat loss. Grazing livestock are a fully automated system for ecological destruction. Animal farming looks as incompatible with a sustained future for humans and […]
Austerity
Heiner Flassbeck: Argentina again under IMF curatorship – with absurd consequences
In December last year, Patrick Kaczmarczyk and I pointed out that even 20 years after the great currency drama in Argentina, neither the country nor the international community have found a way to bring the […]
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