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 – 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
Austerity
Bill Mitchell – Keynes on national self-sufficiency
One of the emerging discussions is what will the post-coronavirus world look like both within nations and across nations. There is a growing thread about the worries of increased state authoritarianism as governments have imposed […]
Geopolitics
Ben Wray – It’s Time to Dismantle the US Sanctions-Industrial Complex
Review of Underground Empire: How America Weaponized the World Economy by Henry Farrell and Abraham Newman. In Jacobin. Read the article HERE.
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