There is one big lesson from the Danske Bank money laundering scandal. Regulating the modern banking system does not work. Modern banks are now primarily giant hedge fund managers speculating on financial assets or they […]
The day after the Catalan independence referendum, so on 2nd October 2017, the Spanish state quietly removed the money public companies and authorities held in the two largest Catalan banks, Banc Sabadell and CaixaBank. Read […]
The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]
A 1700-word summary of Euro Tragedy. So if you do not manage to read this outstanding book, this is the next best thing. Read here
The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]
A political dam has broken in the United Kingdom as Britons have discovered that austerity is neither good for them or their children, that the free market is not free, but serves the interest of […]
This is the English language (original) interview with Arcangelo Rociola, published on the AGI site in Italian, on the Italian government’s clash with Brussels over its budget deficit, the plans for a flat tax (that is […]
The difficult process of negotiating the EU’s next seven-year budget covering the years 2021-27 is already under way. However, as Dimitar Lilkov writes, the negotiations may well prove more contentious than ever due to a […]
Why are corrupt EU banks so afraid of US investigations, but appear not to be concerned about consequences from the EU? Read here
Another one bites the dust. The corporate media cannot get enough of new heroes, who will save Europe´s doomed neo-liberal system. Who is going to replace Macron? Maybe there is a up and coming politician […]
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