Cross-posted from Brussels Morning (https://brusselsmorning.com)
The Corona-shock has put enormous pressure on wages. Rising unemployment is shifting the balance of power further in the direction of employers who – with their micro-economic mindset – are eager to cut wages as much as possible. …
Cross-posted from Brussels Morning
Many German economists still blame the European Central Bank (ECB) for doing what central banks normally do, namely providing monetary conditions that are conducive to growth and development.
Particularly damaging for the public debate on how to exit the corona recession are the constant warnings by many economists and some doomsday prophets that the aggressive monetary policy within the monetary union risks triggering imminent and dramatic inflation throughout Europe. …
Cross-posted from Makroskop and Brave New Europe
Translated and edited by BRAVE NEW EUROPE
Joe Biden has been the incarnation of the Establishment. Nothing else can be expected from him than Barack Obama’s largely unambitious social policies, which made the Trump phenomenon possible in the first place. …
Why are so many Germans frustrated and resigned? One cannot spare politicians and the mainstream media the accusation that they are primarily responsible for this. Their inability to communicate with citizens has reached a new all-time low.
Cross-posted from Makroskop and Brave New Europe
Translated and edited by BRAVE NEW EUROPE
Many Germans are dissatisfied with their society. …
