This is a product of austerity as cash starved nations turn to criminaltiy to raise cash. The same is true of tax policies and the list goes on. Austerity has failed in the Europe – so has the EU.
Corruption
Court of Justice of the European Union: The Commission did not give the public sufficiently wide access to the purchase agreements for Covid-19 vaccines
The EU Commission led by von der Leyen has been illegally holding back documents to cover up its corruption Read HERE
Economics
DeStatis – German Recession: New orders in manufacturing in August 2024: -5.8% on the previous month
New orders in manufacturing: August 2024 (in real terms, revised): -5.8% on the previous month (seasonally and calendar adjusted) -3.9% on the same month a year earlier (calendar adjusted) July 2024 (in real terms, revised): […]
Economics
Xilu Chen, Pei Guangyu, Zheng Michael Song, Fabrizio Zilibotti: Tertiarisation like China
China is currently undergoing a rapid tertiarisation process, with its service industries growing as a share of GDP at the expense of both agriculture and manufacturing. This could be a bad omen for future growth. […]
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