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Mike Norman Economics

Vietnam, Philippines and Brunei to join cross-border QR payment scheme — Erwida Maulia And Ismi Damayanti

Vietnam, the Philippines and Brunei will join other major Southeast Asian economies in an interconnected QR code payment system that aims to promote use of local currencies and reduce dependence on the U.S. dollar.Indonesia, Thailand, Malaysia and Singapore are already progressing with the implementation of bilateral transactions using QR codes among one another -- which was initiated last year, said Perry Warjiyo, governor of Indonesia's central bank, on Friday.…Nikkei AsiaVietnam,...

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William Mitchell — The Ireland growth miracle is largely illusory and biasing Eurozone growth data upwards

I have been avoiding keeping up-to-date with the Irish national accounts over the last several years for reasons that I documented in this blog post – Ireland – not as rosy as the official story might suggest (January 2, 2018). Ireland has been held out as the poster nation for the Eurozone boosters because of its seemingly ‘impressive’ growth performance after entry into the common currency and its resilience after the Global Financial Crisis. During the GFC, I wrote a series of blog posts...

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Huawei Chips Demonstrate The Perils Of Technology Protectionism — Moon of Alabama

Sullivan's whole speech is an argument against free markets and for protectionism and sector subsidies. It does away with the economic framework the U.S. had build after the end of the second world war. This is supposed to be replaced it with bilateral and block wise agreements that are to the advantage of the U.S., to the disadvantage of its agreement 'partners' and which exclude China and other 'hostile' economies....How the worm turns. End of an era.Moon of AlabamaHuawei Chips Demonstrate...

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Interviews with video and transcript — Michael Hudson

Interviews with video and transcript.Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismBRICS Keep BuildingHigh Finance & Investment ColonialismMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

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