Yanis Varoufakis is right, he predicted the results of Germany’s austerity policy years ago. But the Germans, with their typical hubris, did not listen. They know better. If you are wondering why the EU’s political elite is not panicking, with Trump and the rise of inexorable rise of ultra-right parties in Europe, the answer is simple: they cannot panic, they are frozen by fear.
‘India is benefiting from importing cut-price Russian oil amid European sanctions – and also selling that same oil to EU markets at full price once it has been refined’. In The Independent. Read the article […]
The growing divide since the 1980s is about the fortunes of large cities compared to smaller units. But the economic theory behind that dynamic can also be used to help those left behind. Read here
It is truly paradoxical: in the USA, where the state has successfully been relied on for decades to keep the economy running, Donald Trump’s billionaire advisors are now calling for a radical reduction in the […]
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