This is the result of the financialisation of homes. Dirty money, be it from developing nations or the rich in the advanced economies is seeking secure havens. And what is more secure than nations, like those of the EU, which protect such transactions via weak regulatory systems. That this has occurred has to do more with a few judges and prosecutors in Spain than a efficient rule of law.
Austerity
Robert Skidelsky: How austerity broke Britain – and how we can recover
After ten years of wrongheaded and brutal spending cuts, Keynes’s warning that bad economics produces political extremism is more important than ever. Read here
EU politics
Yanis Varoufakis: Are we Greeks insufferable nationalists?
We Greeks have a reputation for being insufferable nationalists, most of whom genuinely believe that Greek culture is superior to that of other nations and peoples. We were even anointed the most culturally chauvinistic Europeans in […]
Climate Crisis
Erica Gentili: Nature beyond biodiversity: why restoration matters
The call to restore nature is urgent and non-negotiable: the key time frame of 2020-30 is slowly lapsing and to effectively tackle both the biodiversity and the climate crises, it is fundamental not only to […]
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