An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
And like Estonia is suppose to prove austerity. Estonia is a net receiver of European funds and those funds don't count as deficit. You are a little sloppy here Mike. ECB doesn't produce savings. Non government savings still come from government, ECB is providing liquidity.
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