If the EU introduced a similar law they would have to start a programme for building new prisons. The City of London would fill one or two, Volkswagen and Deutsche Bank one as well.
Read here
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Economics
New Economy Brief: What if all wages went up by inflation?
Inflation-linked wages in Belgium should have produced a wage-price spiral…but they haven’t. In fact, inflation in Belgium is dropping faster than many other economies. Why? Read HERE Photo: EmDee/Creative Commons
Economics
Bill Mitchell: The Merkel failure
An excellent summarisation of what everyone knew, but few dared to say until Merkel was gone. Read here
Geopolitics
The Kyiv Independent: Russia launches large-scale missile attack on Ukraine, damaging energy infrastructure
Russia appears to be systematically destroying Ukraine’s infrastructure. This is a long list. Read HERE
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