There can be no more claims of a recovery, but things are looking increasingly like a recession as the EU’s economic strategy against Russian backfires
Finance
James K. Galbraith: Modern Monetary Theory – Is there a better model to explain economics in the Trump era?
MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt. […]
Corruption
Reuters – Romania files charges against former chief anti-corruption prosecutor
Another annoyance for the EU, but as long as the corrupt Romanian political class maintains the four freedoms guaranteeing a neo-liberal diktat, it will remain just that: an annoyance. By the way, the party leading […]
Economics
Eurostat – Green energy products 2020: EU imports exceed exports
Not terribly auspicious for creating well paid jobs in the renewable energy sector, but then Germany wants blue hydrogen, so that’s OK Read here
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