The value of art, like other assets, is falling as inflation and interest rates rise. China in particular is in a debt-deflationary trap. In Ann Pettifor’s substack.
Read the article HERE.
Ann Pettifor – What’s Art got to do with it?
Corruption
Politico: Mafia harvest rewards from EU farm funds
Odd, in Italy they are called mafia, in Northern Europe Business-people. Read here
Climate Crisis
Socialist Worker: All defendants convicted in first International Rebellion group trial
Three activists from climate change direct action group Extinction Rebellion (XR) have been convicted after being arrested on protests earlier this year. They are the first activists to stand trial as a group from charges […]
EU politics
The Irish Times: ‘Enough excuses!’ – France’s Le Maire grows impatient over digital tax
Irish Republic and Luxembourg strongly against levy on online services. Germany supporting them. Read here
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