Chuka Umunna: We Should Be Prepared To Sacrifice Single Market Membership To Axe Freedom Of Movement

Chuka Umunna: We Should Be Prepared To Sacrifice Single Market Membership To Axe Freedom Of Movement

Chuka Umunna today confirmed he too would sacrifice access to the Single Market if it meant keeping the current freedom of movement rules.

The former Shadow Business Secretary, who was one of the most high profile Remain campaigners in the EU referendum, is the latest high-profile Labour figure to definitively call for an end to free movement in any post-Brexit deal.

The HuffPost UK today revealed respected Labour MP Jonathan Reynolds believed freedom of movement has to be axed, as does fellow backbenchers Rachel Reeves, Stephen Kinnock and Emma Reynolds, following June’s Brexit vote.

Umunna, who is chairman of Vote Leave Watch, is calling on Theresa May to try and strike a Brexit deal which will allow restrictions on free movement and Single Market membership.

However, he today told the HuffPost he is clear which goal should take priority.

He said: “If continuation of the free movement we have is the price of Single Market membership then clearly we couldn’t remain in the Single Market, but we are not at that point yet.”

Ma juhiksin lugeja tähelepanu olulisele asjaolule. Chuka Umunna tahab, et UK-l jääks pääs ühisturule, aga ta on valmis sellest loobuma, sest niiviisi peetakse läbirääkimisi ja tehakse kompromisse. Mäletate Kreekat, “mitte mingil juhul me ei loobu eurost, aga võitleme kasinuse vastu”. Võidelge edasi kasinuse vastu. Nüüd võitleb eelnimetatud idee üks promojatest demokraatia eest Euroopas, tegemist on tolaga.

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IMF says Greece faces double-digit unemployment (ie depression) until mid century. What disgraceful state of affairs

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Something is rotten in the European Union

LEXIT-NETWORK

Something is rotten in the European Union

The plan B meeting in Copenhagen must strengthen the discussion on the euro and the Economic and Monetary Union on the left. We need not only alternatives, but strategy and struggle.

by Kenneth Haar

….Clearly, it is not a feel-good topic on the European left. There is no consensus on how to approach neither the euro nor the broader design of the Economic and Monetary Union. Obviously, the EMU and the euro have had profound negative implications for workers in countries that have faced the most severe problems during the crisis – Greece, Spain, Portugal, Ireland, Italy. We can quickly agree to condemn the actions of the Troika, and to demand an end to austerity policies  – and the imbalances in the Eurozone is a main problem. But the topic is not just about that. It’s about how the currency and the EMU is becoming a prime engine of European integration in a profoundly negative way. In the coming years, Commission and Council alike, are set to be chasing different strands of the same vision: enforceable rules on economic policy that can make member states stick to austerity.  Expanded powers to the Commission with no democratic checks and balances……

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UN fears third leg of the global financial crisis – with prospect of epic debt defaults

by AMBROSE EVANS-PRITCHARD

UN fears third leg of the global financial crisis – with prospect of epic debt defaults

The third leg of the world’s intractable depression is yet to come. If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history.

It may also prove to be the definitive crisis of globalized capitalism, the demise of the liberal free-market orthodoxies promoted for almost forty years by the Bretton Woods institutions, the OECD, and the Davos fraternity.

“Alarm bells have been ringing over the explosion of corporate debt levels in emerging economies, which now exceed $25 trillion. Damaging deflationary spirals cannot be ruled out,” said the annual report of the UN Conference on Trade and Development (UNCTAD).

We know already that the poisonous side-effect of zero rates and quantitative easing in the US, Europe, and Japan was to flood developing nations with cheap credit, upsetting their internal chemistry and drawing them into a snare. What is less understood is just how destructive this has been…..

…What is clear is that world will soon need a massive and coordinated spending push by governments to create demand and bring the broken global system back into equilibrium. UNCTAD is entirely right about that.

If this does not happen, it is sauve qui peut.

Mingit koordineeritud valitsuste kulutamist muidugi ei tule. Globalistide unistused purunevad lihtsalt.

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Asi on tõsine, pekske klounid välja

Isegi Jacobin sülitab oma kunagisele lemmikule näkku.

Yanis Varoufakis’s Fantasy Politics

 

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Joseph Stiglitz, “The Euro”

Mõned väljavõtted:

Stiglitz: ühtäkki öeldakse sulle, et pead palkasid alandama 25%, see suurendab finantsvõimendust ja nad rääkisid, et finantsvõimendus ja lõhkilaenamine oli probleem, aga nende poliitiline vastus oli seda veelgi suurendada (minu märkus, seda teevad nad tänaseni, palkade alandamise idee on viimasel ajal ebapopulaarseks muutunud, kuid praegu loodetakse, et erasektor laenama  hakkaks ja valitsused ootavad nagu raisakotkad, et saaks aga makse tõsta, et eelarve tasakaalu fetišit teenida).

Olgu öeldud, et Stiglitz on alles nüüd liitunud nendega, kes räägivad, et euro ei hakka tööle.

Stiglitz ütleb, et kõike seda pole vaja teha, et euro töötaks, mis USA-s on. Transfer Union on vajalik, Saksamaa on vastu.  Kreeka kriis pole lahendatud, 62% Kreekas hääletas kasinuse vastu, nii palju demokraatiast. SKP on jätkanud langust Kreekas. Kui näed mittefunktsionaalset EL-i (Saksamaa domineerimist jne), siis Brexit on arusaadav selles kontekstis. Ühtsel valuutal oleks sarnaste riikide seas palju suurem tõenäosus olnud edukas olla. Kreeka ei loobunud eurost, sest nad seostavad enda Euroopa identiteeti euroga, Rootsis pole see nii. See on emotsionaalne küsimus kreeklaste jaoks. Isegi väikesed riigid saavad edukalt oma valuutaga opereerida, Island.

 

 

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Austerity Only Benefits Germany and Destroys Europe, Renzi Says

Bloomberg

Austerity Only Benefits Germany and Destroys Europe, Renzi Says

Italian Prime Minister Matteo Renzi had some fighting words for German leader Angela Merkel: Your obsession with austerity is strangling Europe and your country is the only one profiting.

That view, held by others in the European Union, rarely gets aired publicly quite so forcefully. Especially by Renzi, who until recently had deployed priceless ancient Roman art and Ferraris in some of Merkel’s recent visits to Italy. But Brexit, which exposed cracks in the European project, has made the EU more vulnerable to jabs….

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Trump muudab poliitilist diskursust

Ma ei ole varem alt-right liikumisest USA-s kirjutanud enda blogis. Nende ideoloogia on rassistlik ja nad levitavad vandenõuteooriaid juutide kohta, üldiselt toetavad nn racial realism ideoloogiat, mis on minu hinnangul rassistlik. Muidugi toetavad nad Trumpi, nende üks meediaväljanne on Breitbart. Tõsi, Breitbart polegi ehk hard core alt-right, sest on pro Israel näiteks. Aga minu arvamused ja jutud on minu omad, ma ei taha sind milleski veenda siin või mingeid põhjapanevaid hinnanguid või järeldusi teha selle liikumise kohta. Hoopis tähtsam on see, et Breitbart promob nüüd vasakpoolset majanduspoliitikat, jah, kuulsid õigesti, konservatiivid promovad keinsistlikku majanduspoliitikat.

stPart II: A Manifesto for the 60 Percent: The Center-Right Populist-Nationali Coalition

Selle võib küll Trumpi arvele kirjutada. Trump muudab poliitilist diskursust. Ma kirjutasin juba mõnda aega tagasi selles blogis, et minu hinnangul vasakpoolsed kasinuse õudusele lõppu ei tee, seda teevad konservatiivid. Paistab, et mul oli õigus.

  1. Trump on vaenulik vabakaubanduse suhtes ning tahab kaubandusleppeid muuta.
  2. Trump tahab maksualandusi ja massiivset valitsuse kulutamist infrale ja kaitsevõimele.
  3. Trump tahab kasutada protektsionismi USA tööturul ning tahab immigratsiooni piirata.

Immigratsioon on üks põhilisi tegureid tööturul palkade määramisel, sellest on kirjutanud Ha-Joon Chang oma raamatus 23 Things They Don’t Tell You About Capitalism . Regressiivne vasakpoolsus on sajaga neoliberaalid ja nendelt midagi oodata ei ole peale sallivuse üle pobisemise, sisutühjade loosungite levitamise euroopalikest väärtustest jms. 

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Mainstream Economics Serves The One Percent

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Note to Congress: Full Employment is Your Job and Currency is Your Tool

Note to Congress: Full Employment is Your Job and Currency is Your Tool

…Congress took a wrong turn. Breaking the link between fiscal policy and full employment has a direct impact on human lives. As economist Stephanie Kelton explains, the Fed’s so-called dual mandate of full employment and price stability may be the right goal but wrong institution.

Capitalism runs on sales. A $17 trillion economy last year needs at least $17 trillion this year to keep up or the U.S. enters into a recession and people lose jobs. The government is a net contributor of sales growth whenever its spending exceeds its taxation; contrary to much political rhetoric, this is a very good thing. It helps maintain sales and employment levels when needed…..

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Trichet teeb MMT-d

trichet

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Bratislava 2016: EU breaks into factions as eastern Europe delivers migration demands

Bratislava 2016: EU breaks into factions as eastern Europe delivers migration demands

Members of the influential Visegrad group, which comprises of Poland, Hungary, the Czech Republic and Slovakia, rejected migrant quotas and blasted the overbearing EU Commission in an incendiary ultimatum.

The group represents a faction of nations which have become increasingly concerned by authoritarian Brussels, with Poland and Hungary both locked in bitter legal battles with the EU.

Their demands come after a separate clique of Mediterranean states, including France, Spain and Italy, formed their own interest group to counter the power wielded by Angela Merkel….

…Finally the group addressed the problems with the single market – including the disastrous Euro project, admitting that the EU’s popularity had taken a battering due to years of economic stagnation.

They wrote: “It is necessary to inform more effectively ‎the public opinion about the positive outcomes of the Internal Market meanwhile improving the enforcement of its rules to eradicate intra-EU protectionism.“

 

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Alternatiivne vasakpoolsus

Vasakpoolsus tundub mulle olevat ideeliselt pankrotis omadega ja üllatus, on tekkinud alternatiivne vasakpoolsus. Ma ei tea, et kui palju inimesi end niimoodi identifitseerib ja tundub, et vähemasti praegu on tegemist internetiliikumisega, nn alt-left. Kui alt-right on konservatiivid, siis alt-left on liberaalid ja nad süüdistavad nn peavoolu progressiivsust, et see pole tegelikult liberaalne, kui oponendid negatiivsete siltidega sildistab ja neil sedaviisi suu kinni paneb. Totalitarismi süüdistus on isegi regressiivse vasakpoolsuse aadressil. Samuti mainivad nad, et regressiivsel vasakpoolsusel on täiesti suva majanduslikust ebavõrdsusest, nad(regressiivsed vasakpoolsed) on keskendunud identiteedipoliitikale (sookvoodid tulevad tuttavad ette), “valge mehe süü” otsimisele, akadeemilise sõnavabaduse piiramisele, islamiarmastusele, postmodernistliku ideoloogia levitamisele, massimmigratsioonile ilma sotsiaalsetele tagajärgedele mõtlemata jne.

 

Lord Keynes kirjutab:

The Realist Left and Alt Left on the Internet

A different kind of left is badly needed, because the mainstream neoliberal left and cultural left is rotten, unhinged, and – on many issues – worse than useless.

Fortunately, I think the future is bright for the Alt Left (short for “Alternative Left”), and the views of what I would call the “Realist Left.”

For the Alt Left and the Realist Left on the internet, we now have the following blogs, social media pages and other sites:

Realist Left on the Internet:
Realist Left on Facebook
Realist Left on Twitter @realistleft
Social Democracy for the 21st Century: A Realist Alternative to the Modern Left
Realist Left on Reddit
Realist Left Blog
Realist Left on YouTube
Lord Keynes on Facebook
Lord Keynes on Twitter @Lord_Keynes2

Alt Left on the Internet:
Alternative Left on Facebook
An Alt-Left closed Facebook discussion group can be accessed through this page as well.
Samizdat Broadcasts YouTube Channel
Samizdat: For the Freedom Loving Leftist

Here are what I would defend as core principles of the Realist Left and Alt Left:

(1) rejection of neoliberalism, globalisation, neoclassical economics, libertarianism, anarcho-capitalism.

(2) support for left-heterodox Post Keynesian and/or Modern Monetary Theory (MMT) economic ideas and economic policies. Rejection of Marxism and Communism.

(3) rejection of the extreme aspects of cultural leftism, namely, French Poststructuralism, Postmodernism, truth relativism, cultural relativism, moral relativism, Social Justice Warrior (SJW) politics, Postmodernist multiculturalism, and divisive and extreme identity politics. The Realist Left / Alt Left is extremely critical of Third Wave Feminism.

(4) rejection of open borders and mass immigration, on left-wing economic, social and cultural grounds.

I would add further principles that I, personally, defend as required for a sensible left, though other people on the Alt Left might disagree:

(1) support for full employment, Keynesian macroeconomic policies and management of our economies, a high-wage economy, industrial policy, managed trade in the national interest, a humane welfare state, and an end to offshoring of manufacturing and service jobs to the Third World.

(2) the Realist Left rejects extreme social constructivism and the “blank slate” view of human beings.

(3) the Realist Left defends free speech and freedom of expression from cultural leftist and politically correct witch hunts and restrictions.

(4) the Realist Left is anti-imperialist and largely non-interventionist on foreign policy, but not isolationist.

(5) the Realist Left is pro-nuclear family and – at the very least – open to serious and rational discussion of the breakdown of the nuclear family in the Western world, and what harm this may have done to our societies.

(6) the Realist Left recognises that most people have a normal and natural wish to preserve their nations as homelands for their majority culture and their people. Low-level immigration and reasonable refugee quotas are fine, as long as minorities actually do remain a minority of the population, and people who wish to stay assimilate and do not bring hostile and incompatible cultures.

(7) the Realist Left opposes regressive and illiberal Islamism, and promotes the assimilation of immigrants in the West.

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Majanduskasvu prognoosi langetav rahandusministeerium: SKT madal kasv on majanduskriisi pärand

Majanduskasvu prognoosi langetav rahandusministeerium: SKT madal kasv on majanduskriisi pärand

Rahandusministeeriumi fiskaalpoliitika analüütiku Madis Abeni sõnul jääb teise kvartali 0,8 protsendi suurune majanduskasv oluliselt alla Eesti kasvupotentsiaalile ning on tingitud eelkõige nõrgast nõudluskeskkonnast, mis on majanduskriisi pärand….

Põhimõtteliselt on inimeste säästmissoov majanduskriisi pärand-minu meelest võib nii öelda. Kui te mäletate, siis algas asi finantskriisiga, millel lasti üle kanduda reaalmajandusse. MMT arvates oleks piisavalt suur stiimulpakett vältinud reaalset majanduslangust. Kui suur on piisav? Sellele küsimusele tegelikult ei oska postkeinsistid vastata. Keynes nimetas seda “animal spirits”, me ei tea, kui suur täpselt peaks olema stiimulpakett (kui suur valitsuse defitsiit).  Me saame seda hinnata tagantjärgi, kui majandus langes või ei opereerinud täisvõimsusel, siis oli see liiga väike, kui tekkis liignõudlus ja inflatsioon, siis liiga suur. Sellepärast toetab MMT ka valitsuse tööprogrammi, mis on “automaatne stabilisaator”. Mulle meeldib Abeni jutt. Loomulikult ei ole ta ametikohal, mis võimaldaks tal soovitusi jagada poliitikas.

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Stiglitz arvab, et eurost tuleb loobuda

Interview with Joseph Stiglitz: “Leaving the EU is not going to immunise you against bad policies”

..The fundamental thesis of the book is that it is the structure of the Eurozone itself, not the actions of individual countries, which is at the root of the problem…

Mina olen nõus. Mitte Kreekat ega ka Saksamaad ei ole õige süüdistada…

…And I think that one could manage the cost of breaking it up and that under the current course, the cost of keeping the Eurozone together probably exceeds the cost of breaking it up….

Olen nõus, eriti veel pikemas plaanis vaadatuna. Olen nõus ka selle loo pealkirjaga, eurost loobumine ei tähenda automaatselt, et loobutakse ka neoliberaalsest poliitikast ja kasinusest, aga see looks selleks võimaluse ja arvan, et ka parema tausta poliitikas: enam ei ole seda püha eurot ja juttu, et me oleme end sellise ja sellise ennasthävitava leppega sidunud.

 

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Saksamaa jooksevkonto ülejääk

German current account surplus to hit record high, world’s largest in 2016 – Ifo

BERLIN, Sept 6 (Reuters) – Germany’s current account surplus will likely hit a new record of $310 billion (278 billion euros) in 2016, overtaking that of China again to become the world’s largest, the Munich-based Ifo economic institute said on Tuesday.

“The German current account surplus is based on trade in goods,” Ifo economist Christian Grimme said, adding that exports exceeded imports by $159 billion in the first half of the year, mainly due to strong demand from other European countries.

The institute said the German surplus would be equivalent to around 8.9 percent of gross domestic product, meaning it would once again breach the European Commission’s recommended upper threshold of 6 percent.

Brussels and Washington have urged Berlin to lift domestic demand and imports to help reduce global economic imbalances and fuel global growth, including within the euro zone.

IMF Managing Director Christine Lagarde and the U.S. Treasury have both called on Berlin to stimulate domestic demand to facilitate a rebalancing.

Berlin has rejected such criticism, saying it already lifted domestic demand by introducing a national minimum wage in 2015 and agreeing on a strong hike in pension entitlements in 2016. In addition, the government has increased state spending on roads, digital infrastructure and migrants while sticking to its goal of keeping a balanced budget….

See peab tähendama jooksevkonto defitsiiti teistele riikidele, keegi peab olema puudujäägis, kui Saksamaa on ülejäägis. Sakslaste moraal on selline, et tehku teised ka nii.

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Letta kardab, et järgmine aasta samal ajal enam Euroopat pole

Italy’s ex-PM “fears there won’t be a Europe” next September

“The problem is more fundamental than that. I don’t see the European Union having a clear approach to dealing with the migrant problem. We continue to work step by step, dealing with one problem after another without developing a strategic approach. We have to create a sort of toolbox for the migrant crisis, as we did for the Euro-crisis.”

 

Kahjuks on nii poliitilise eliidiga. Nad on “clueless”. Letta isegi ei saa aru, kuidas eurokriis lahenes, kui öelda, et lahenes. Eurokriisi lahendas Mario Draghi, ESMil võib olla sümboolne tähendus, et liikmesriigid olid solidaarsed, aga muud praktiliselt mitte. Peale selle ei ole ju euro probleemid lahendatud. Letta küll mainib, et juba aastakümneid pole Itaalia majandus kasvanud, aga see ei olegi suuremat sorti probleem tema arvates või selline teema, et võiks küsimuse esitada: me teeme midagi valesti? Ikka edasi peab minema tema arvates europrojektiga.

Stiglitz kirjutas hiljuti, et poliitiline eliit Euroopas püsib tänu sellele, et vasak- ja parempoolsed establishmenti vastased jõud ei saa omavahel läbi. Tõesti, on olemas ka Lexit, left exit liikumine Euroopas, mis taotleb eurost loobumist.

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Varoufakis ja Žižek, üks on pime ja teine ei näe

Hea artikkel:

Why Varoufakis’ DiEM2025 is fighting the wrong fight

Seal räägitakse täpsemalt Varoufakise DiEM2025 ideest ja lammutatakse see täielikult. Kreeka troikaga läbirääkimistest on ka juttu ja millist osa Varoufakis selles etendas. Tema strateegia osutus valeks, sellepärast ta tagasi astuski. Ta on  populaarne paljude vasakpoolsete seas, sest tal õnnestus müüa müüti, et ta võitles kangelaslikult troikaga.  Varoufakis on ideeline internatsionalist ja tagantjärgi vaadates võib öelda, et see oli ka põhjuseks, miks ta MMT vastu oli (oma suveräänne valuuta) ja mõttetutel teemadel läbirääkimisi pidas või võitles. Tema ideede võidu korral oleks see ikkagi kaotus olnud kreeklastele ja Kreekale majanduslikult, aga see polnudki Varoufakise eesmärk. Tema on üks nendest, kes on kreeklased tanki pannud oma intenatsionaalse unistuse nimel. Mul on raske teada, et kas näiteks tema ja Žizek ise ka usuvad nn TINAsse (there is no alternative) seoses kapitaliga, et rahvuslikul tasandil ei saa üldse internatsionaalse kapitaliga võidelda ja tööliste eest seista. Nemad seda pušivad. Arvan ikkagi, et Varoufakis seda ei usu, Žižek on üks vasakpoolne šarlatan, kes räägib lollusi, et austab Stalinit ja stalinismi ning fännklubi (moodne, postmodernistlik ajukääbikust vasakpoolne) siis arutleb, et kas ikka Žižek tegi nalja või mida see idioot täpsemalt silmas pidas, kui nii ütles.

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Helicopter money is a fiscal operation and is not inherently inflationary

by Bill Mitchell

Helicopter money is a fiscal operation and is not inherently inflationary

 

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Ee, eelarve tasakaalu fetiš on olulisem

Raul-Allan Kiivet: kas olulisem on eelarve tasakaal või haigete ravi?

 

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Regressiivse vasakpoolsuse poolt promotud müüt on ümber lükatud

Kultuuriline vasakpoolsus räägib tihti islamistlikust Hispaaniast kui multikulti paradiisist. Selles raamatus lükatakse see müüt täielikult ümber: Fernandez-Morera, Dario. 2016. The Myth of the Andalusian Paradise: Muslims, Christians, and Jews under Islamic Rule in Medieval Spain.

Intervjuud Dario Fernandez-Morera’ga võid kuulata siin(hat tip to Lord Keynes):

 

 

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Our nation can’t afford past-its-sell-date economic orthodoxy

by Paul McCully

Our nation can’t afford past-its-sell-date economic orthodoxy

…It must be noted that the hike putatively being “put in play” was lifting the Fed’s policy rate by one-quarter of a percentage point, to a level still far south of even 1 percentage point. Most ordinary people would submit that as long as we’re talking about interest rates in terms of zero-point-something, we’re talking about the moral equivalent of zero.

Yet the Fed is somehow responsible for the U.S. labor market’s sudden slowdown? And should have egg on its face?

No, the egg belongs on the face of my profession, which refuses to openly acknowledge that the economy’s existential woe is a deficiency of aggregate spending, for which fiscal policy expansion — read dramatically larger fiscal deficits — is the solution, not near-zero Fed policy rates…..

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EUROGEDDON: As a Nobel winner warns the euro is doomed, why the political elite’s refusal to admit the misery it’s causing means there’s far worse to come

EUROGEDDON: As a Nobel winner warns the euro is doomed, why the political elite’s refusal to admit the misery it’s causing means there’s far worse to come 

To kick off their summit, the leaders of the eurozone’s three biggest powers, Angela Merkel, Francois Hollande and Matteo Renzi, first visited the island grave of a Communist politician called Altiero Spinelli. In 1941, while imprisoned in a fascist camp, Spinelli wrote a manifesto calling for a federal Europe and insisting that the days of national sovereignty must be consigned to history……

 

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IMF ja Brexit

Brexit embarrassment for IMF as it admits market turmoil has ‘ebbed’ after doom-mongering

In the run-up to the EU referendum, the Fund issued a series of doom-laden warnings about tumbling growth if Britons voted to quit the bloc.

But now it has conceded the “short-term turbulence” in the financial markets has “ebbed” – a little over two months after the historic poll.

The admission represents an embarrassing climb-down for the IMF, which also admitted growth ahead of the vote “surprised on the upside”…..

….Manufacturing activity recorded its biggest month-on-month increase in 25 years in August, according to data by Markit.

The financial services firm said factories were returning to “business as usual” following a downturn in activity after the June 23 vote.

The news came ahead of the this weekend’s G20 summit, where the Prime Minister will declare Britain is “open for business” around the world…..

Ma olen juba mõnda aega korranud, et EL on katse luua impeeriumi ning sel pole majanduslikku õigustust, liikmesriigid ei võida liikmelisusest majanduslikult. Muidugi võiks Brexiti puhul öelda, et Brexit pole ju reaalselt veel toimunud? Jah, võiks küll, aga läbi sentimendi muutuse pidid negatiivsed tulemused saabuma. Arvan, et kõigil liikmesriikide majandustel läheks paremini, kui EL laguneks.

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Varoufakis debateerib

Markets vs States in today’s Europe: An Alpbach Keynote Debate

…..In conclusion, our choice is not between free markets and state intervention. Our choice is more interesting than that: We can band together, from across Europe, to stand up against the insidious combination of the Great Deflation, Authoritarianism and Xenophobia that is, today, going from strength to strength, spearheading Europe’s disintegration and pushing us to a new version of the 1930s. To succeed we need to borrow the best ideas of different ideological traditions as well as the best instruments markets and states can offer. Alternatively, we can waste our energies tampering at the margins of the current mix of failed policies while debating questions better suited to the 1920s.

Omamoodi huvitav analüüs/kriitika Varoufakiselt. Tema jutus on palju häid punkte, aga ta järeldab nii, et Euroopa peab ühiselt vastu hakkama sellele ja peab ühiselt muutuma. Mina olen skeptiline selle suhtes. Sellist ühist Euroopat pole, seda esiteks. Kui nüüd eeldada, et jäävad tugevad rahvusriigid, mis teevad koostööd lihtsalt ja parlamentidest ei sõideta teerulliga üle, siis selline Euroopa pole kuigi tugev ja otsustusvõimeline. See ei ole EL sellisena nagu me täna teame seda. Minu meelest on tegemist tüüpilise vasakliberaali soovmõtlemisega.

Euroopas käärib täna ja põhjused pole ainult majanduslikud. Massimmigratsioon ja lahtised piirid, mida kultuuriline vasakpoolsus täna toetab, on üks peamisi tüliõunasid. Kui MMT vaatepunkti rääkida, siis eriti palju vasakpoolseid vast ei leia, kes seda toetaksid, aga nad pole ka tulihingelised MMT vastased. Mis puudutab massimmigratsiooni ja lahtisi piire, siis praktiliselt kõik vasakpoolsed on “mõistlike” seisukohtadele vastu. Massimmigratsioon on suurkorporatsioonide huvides, see viib reaalsuses palgad alla, lõhub ametiühingud jne. Kultuurilistest mõjudest ja pingetest, mida selline arutu massimmigratsioon tekitab, ma ei räägi. Kultuuriline vasakpoolsus reeglina neil töökohtadel ise ei tööta, millised mõjutatud saavad. Nemad pušivad oma ideoloogiat ülikoolide õppejõudude kohtadelt, kõrgete riigiametnike kohtadelt  jne.

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