Wage cuts and underspending are a direct route to another Great Depression. The US and Germany seem to be headed that way.
Cross-posted from Makroskop and Brave New Europe
Translated and edited by BRAVE NEW EUROPE
In the US at the moment pretty much everything that can be done wrong is being done wrong. …
Among the European nations, France in particular tends to overestimate Germany’s capabilities and measure itself against Germany. The result is a grandiose European misjudgment.
Cross-posted from Makroskop and Brave New Europe
Translated and edited by BRAVE NEW EUROPE
François Villeroy de Galhau, …
Please find attached a link to www.theanalysis.news displaying an interview on the recent crisis of the Eurozone with Lynn Fries.
The EURO Arrangement Is Faulty
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Europe could now break apart very quickly. If Germany does not finally begin to adapt its role within European Monetary Union it’s not fair to blame an ignorant court.
Cross-posted from Makroskop and Brave New Europe
Translated and edited by BRAVE NEW EUROPE
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