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
Economics
Ann Pettifor – Can Society Once Again Make Finance Servant, Not Master of the Economy?
In February 2018, Jeremy Corbyn accused bankers of taking the economy hostage, and said in a speech that Britain’s financial sector will be “the servant of industry not the masters of all” if the Labour […]
Uncategorized
Andrew Rettman – EU antisemitism tsar lobbied against Israel sanctions
Bake sales for Gaza is “ambient antisemitism”, according to the EU’s antisemitism tsar: the loonies have well and truly taken over the asylum in Brussels. In ‘EU Observer’ (link not behind paywall). Read the article […]
Economics
Thomas Piketty: Farmers, the most unequal of professions
The French and European agricultural crisis has demonstrated that no sustainable development trajectory is possible without a drastic reduction in the social inequalities and glaring injustices of our economic system. Instead, the public authorities in […]
Be the first to comment