RT‘Goodbye Europe!’ Der Spiegel Depicts Trump as Middle Finger Flipping Off EU Amid Iran Deal Tensions
Read More »Bill Mitchell — Forget European reform – the Germans have anyway
Germans will be Germans, it seems — fiscally conservative.Bill Mitchell – billy blogForget European reform – the Germans have anywayBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Read More »The Local/Germany — Millions affected as massive nationwide strikes continue into second day
Public transport, child care and hospitals were all hit by strikes in several major cities on Wednesday, as workers’ union Ver.di upped its campaign for a pay hike for public workers. The Local/GermanyMillions affected as massive nationwide strikes continue into second day
Read More »The euro area’s deepening political divide
[unable to retrieve full-text content]Two European elections – in Germany on 24 September 2017 and Italy on 4 March 2018 – warn that the peoples of Europe are drifting apart. Much of the recent deepening of these divisions can be traced to Europe’s single currency, the euro. This column argues that the political divide in Europe may now be hard to roll back absent a shift in focus to national priorities that pay urgent attention to the needs of those being left behind. The...
Read More »Spiegel — The Trade Warrior: Donald Trump’s Attack on German Prosperity
U.S. President Donald Trump seems intent on launching a trade war. He is ignoring appeals to common sense coming from Europe and Asia, but one country stands to lose more than any other: Germany. German business is already fretting about the effects of Russian sanctions. They are viewing Trump's trade policy as a stab in the back, and no way to treat a staunch ally.Spiegel OnlineThe Trade Warrior: Donald Trump's Attack on German Prosperity Der Spiegel StaffAlsoSputnik InternationalMerkel:...
Read More »Bill Mitchell — Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms
I have now escaped the near-Arctic chill and back to warmer climes for a little while. While I was in Finland though, the Finnish news media was agape over the – Joint Statement – released by 8 Finance Ministers from the smaller Northern EU Member States (March 6, 2018). The statement released by the finance ministers of Finland, Denmark, Estonia, Ireland, Latvia, Lithuania, the Netherlands and Sweden aired their views on how the Eurozone (EMU) might develop. Nobody should be under any...
Read More »Bill Mitchell — The IMF and the Germans wreaking havoc in Northern Africa
Some years ago, I started collecting information about the so-called Maghreb countries, which typically refers to the region spanned by Algeria, Morocco, and Tunisia, although sometimes Libya and Mauritania are also included in the aggregation. You will find it referred to as the Barbary Coast in English literature. I was interested (as a long-term project when I get old :-)) to write a book about how nations broke away from the yoke of colonialism only to fall into the hands of the IMF and...
Read More »Dirk Ehnts — Lecture tonight at Hamburg University
MMT in Germany. Tonight at 6PM I will give a lecture with the title Modern Money Theory and European Macroeconomics – an Alternative to the Policy of Austerity?. It takes place at room S27 at Von-Melle-Park 9, Hamburg University. The lecture is part of a series organized by AK Plurale Ökonomik Hamburg and will be held in English. More information is available here. econoblog 101Lecture tonight at Hamburg UniversityDirk Ehnts | Lecturer at Bard College Berlin
Read More »RUeconomics — Germans tell NATO that a war with Russia is “suicide” – they would know
The German Contra Magazin called on NATO to understand that a war against Russia is "suicide". Readers of the publication noted that Germany remembers this especially well....In NATO, there are forces that are convinced of the correctness of a "military solution" of confrontation with Russia. However, anyone who attacks the Russians "actually commits suicide" because of the strength of Russian weapons and Moscow's readiness to use them in case of a threat to its security. An author of...
Read More »Ramanan — Christine Lagarde On Germany’s Balance Of Payments
Insightful post on international finance. Short.The Case for Concerted ActionChristine Lagarde On Germany’s Balance Of Payments V. Ramanan
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