In October EU exports began falling again – and this before the second wave as the “robust V-Recovery” was supposed to be happening.
Read here
The not so V-Recovery – Eurostat: EU’s attempt to export its recession running into trouble
Economics
Bill Mitchell: Covid-specific inflationary pressures are dominant and are transitory
“I am maintaining my view that the current inflationary spikes are being driven by the total abnormal circumstances the world has found itself in as a result of the pandemic.” Read Here
Austerity
The Guardian: Grenfell survivor blames landlord’s ‘cancerous’ decisions for disaster
Housing too has become “a commodity to be exploited”. This is nothing new, as Henry George recognised 150 years ago. This fact includes many danger, and as we saw with Grenfell Tower, not only social […]
Economics
Bill Mitchell – ECB asset purchase programs are the only thing keeping Member States solvent
The ECB is the currency issuer and it does more or less what it likes to keep the Member States solvent. Read here
Be the first to comment