If there was any doubters of Turkey being ready for the EU, this proves them wrong. This demonstrates Erdogans ability to decisively deal with economic crisis. He is probably just one dramatic austerity programme away from membership.
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Economics
Steve Keen: The housing crisis – there’s nothing we can do… or is there?
The demand side of the housing market has one main factor: new mortgages created by the banks… this means house prices – and the resulting housing crises – are driven by mortgage lending. So how […]
Austerity
Frances Coppola: The terrible price of austerity
Was Hitler the product of austerity? In her blog Frances Coppola asks if austerity played an important role in Hitler’s rise to power. She comes to the conclusion that it did and warns: “Learn from […]
EU politics
The Washington Post: In Eastern Europe, the E.U. faces a rebellion more threatening than Brexit
Liberal values? European values? Viktor Orban represents the only values that count in the EU: Neo-liberalism. What the authors meticulously avoid is that Orban’s policies are exactly what the EU wants of him. Orban is […]
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