In the US, mortgage applications are now down 50% and at the lowest levels since 1994. Credit card defaults rates are higher than in 2008. Is the debt bubble about to burst?
Read the article HERE.
Ann Pettifor: On the bursting of bubbles
EU politics
Catalan News: Supreme Court prohibits display of ‘unofficial’ flags on public buildings
Decision expected to have repercussions for the Catalan administrative buildings Read here
Finance
Branko Milanović – The stock market fetish
Why should the left be concerned by the falling value of rich people’s stocks? Branko Milanović is an economist specialised in development and inequality. His newest book is “Capitalism, Alone: The Future of the System […]
Geopolitics
Lindsey German – Palestine Action’s Victory Is Ours Too
On the High Court victory in the UK against the UK Government’s attempt to proscribe Palestine Action as a terrorist group. In Tribune. Read the article HERE.
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