By the time the Delors Commission came to an end, in 1995, much of the groundwork for the techno-authoritarian and anti-democratic juggernaut that the EU would later become was laid — and, to a large degree, we have Delors, a French Socialist, to thank for that.
Economics
Bill Mitchell: Federal Reserve Bank researchers openly acknowledge the inevitability of recession
The Federal Reserve sees a recession and higher unemployment as the solution to inflation Read Here Photo: Dan Smith licensed under the Creative Commons Attribution-Share Alike 2.5 Generic
Economics
Devsdiscourse: Slovakia may stop power exports to EU without more help on energy costs
Slovakia’s main electricity producer has pre-sold energy for the next year at prices much lower than current ones, while Slovak distributors and customers must now buy electricity at multiple times that price. Read Here Photo: […]
Economics
Paul De Grauwe and Yuemei Ji: Financial engineering will not stabilise an unstable euro area
If you can get through it, there are some interesting points made. Read here
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