Excesses of Supply Theory (tags)
In Germany, the competitiveness of businesses is still set above strengthening domestic demand. Therefore Germany could skid into a recession. In the US, trickle-down economics, tax cuts benefiting the top 1% and military Keynesianism make the economic future ominous.
Recession and Repression (tags)
The real inflation rate including energy and food amounted to 7.4 percent in January. The number of purchased homes reached an historic low. The compulsory auctions by banks have nearly doubled compared to the preceding twelve months.
More State Intervention (tags)
"The German economy has skidded into a recession.. In a recession, the state must take a leadership role in solving the main problem, inadequate demand.." Translated from the German