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Tag Archives: Germany

Tom Luongo — Merkel Draws the Line Against Trump

Merkel refuses to make Germany a powerless colony of the US in addition to be an obedient vassal. As always, follow the money. See also Tom Luongo's Merkel Stands Against Trump’s Energy Dominance. Tom Luongo Merkel Draws the Line Against TrumpSee alsoMedium — Insurge IntelThe “disintegration” of global capitalism could unleash world war 3, warns top EU economist Nafeez AhmedSee alsoMoon of AlabamaU.S. Efforts To Block Huawei Gives China An Advantage

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Bill Mitchell — German growth strategy falters – exposes deep flaws in the EU architecture

Last week (February 14, 2019), Eurostat released its latest national accounts estimates – GDP up by 0.2% and employment up by 0.3% in the euro area – which confirmed that EU growth rates have declined significantly over the course of 2018. Moreover, the December-quarter data confirmed Italy is in official recession and Germany recorded zero growth (thereby avoiding the ‘technical recession’ category after contracting by 0.2 per cent in the September-quarter). Export expenditure accounts for...

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Bill Mitchell — Greece “neither thrived nor struggled” – the financial press alt world

It is my last blog post for the year. And we leave the year with not much gained from a progressive perspective. The mid-term elections in the US just swapped deficit-terrorist Republicans (who have been compromised by the big-spending Trump) with ridiculous PayGo Democrats, who are intent on repeating all their previous mistakes. The Brexit negotiations reveal how appallingly compromised the Tories have become and how venal the European Commission is. The British Labour Party fiscal rule...

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Mark Leonard — The Coming Franco-German Bust-Up

The partnership at the center of European integration is unraveling just when Euroskeptic forces are coming together. If French President Emmanuel Macron and German Chancellor Angela Merkel cannot start rebuilding the political center, next year's European Parliament election will produce the biggest victory yet for anti-EU populists.… Entering the endgame?Project SyndicateThe Coming Franco-German Bust-Up Mark Leonard | Director of the European Council on Foreign Relations

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Bill Mitchell — German citizens firmly against any (even weak) federal reforms to the EMU

I don’t have much time today as I am travelling from Lisbon back to London for a series of meetings. My next public speaking engagement is on Saturday in Germany (see below). But I read an interesting report yesterday, which confirms the belief that Germany is a long way from ever permitting any wholesale reform of the Eurozone, along the lines necessary to make it functional. The research paper – Attitudes towards Euro Area Reforms: Evidence from a Randomized Survey Experiment – was...

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L’Italia distruggerà l’Eurozona?

Mia intervista a New Europe.  Mi dicono che la rivista con l'intervista sarà diffusa  in forma stampata a Bruxelles negli hotels, lobbisti, ambasciate ecc. Speriamo che faccia innervosire qualcuno!   Published 08:37 September 28, 2018 Updated 12:54 September 28, 2018 Will Italy destroy the Eurozone? By NEOnline | IRIlia Roubanis Euro-critical discourse is mainstream in Italy. The current government is a coalition that encompasses...

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Austerity in Pre-1938 Fascist Austria

From 1933 to 11 March 1938, Austria was ruled by the clerical fascist Fatherland Front in a regime called the Austrian Federal State.The two dictators of Austria in this period were as follows:Dictators of the Austrian Federal State 5 March 1933–25 July 1934 – Engelbert Dollfuss 29 July 1934–11 March 1938 – Kurt SchuschniggAlthough the Fatherland Front had some anti-capitalist elements, the fact is that in power Engelbert Dollfuss and Kurt Schuschnigg pursued spending cuts, austerity, budget...

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IPA’s weekly links

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Field researchers in Uganda strategize before going out to track down cash grant recipients nine years laterIt’s been a big week for cash, with two studies out on cash transfers based on data from my IPA colleagues:Craig McIntosh and Andy Zeitlin worked with IPA, USAID, Catholic Relief Services, and GiveDirectly in Rwanda to compare a standard WASH (water/sanitation/hygiene) and nutrition program to cash. You can read the...

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Yanis Varoufakis — Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune

Not so veiled warning that if the technocrats persist while the US acts like an imperial hegemon, the populist backlash is coming that will burn down the EU house. While he doesn't say it, we've been here before, in the 1930s.Project SyndicateMerkel’s Comeuppance is Europe’s – and the World’s – Misfortune Yanis VaroufakisSee alsoThe Case for Concerted ActionMy Favourite Chart, Updated: Euro Area ImbalancesV. Ramanan

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‘The U.S. President Is Destroying the American World Order’ — Mathieu von Rohr and Christoph Schult interview Joschka Fischer

In an interview with DER SPIEGEL, former German Foreign Minister Joschka Fischer talks about the danger of war against Iran, the deterioration of trans-Atlantic relations under U.S. President Donald Trump and the serious need for Germany to invest massively in the European Union's future.  Spiegel Online'The U.S. President Is Destroying the American World Order'Interview former German Foreign Minister Joschka Fischer conducted by Mathieu von Rohr and Christoph Schult

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