Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.
Read more...An incisive take from the no-holds-barred Tom Ferguson.
Read more...Past theories of crises and why they matter now.
Read more...The hard-fought rent battles during and after the Spanish flu make modern protests look tame.
Read more...How ancient societies forgave debt that became unpayable due to circumstances outside the borrower’s control.
Read more...Michael Hudson sharpens some of his arguments in a discussion with a Harvard/Cato Institute stalwart.
Read more...There’s not a lot of there there in a proposed EU rescue scheme.
Read more...Contesting the messaging about lockdown protests.
Read more...Without an agreed set of rules, the eurozone cannot be sustained. Ironically, as the EU’s biggest creditor, Germany stands to lose the most from its court’s ruling.
Read more...The same bad Brexit dynamics are very much in place.
Read more...The inescapable dilemma facing social democracy
Read more...In case you wondered why conservative states are all gung ho about reopening….
Read more...Not surprisingly, public pension fund economics look pretty sick.
Read more...Funny how that small business bailout worked…..
Read more...Tallying some of the recent shale production cuts.
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