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.
Finance
Joseph E. Stiglitz , Dean Baker , Arjun Jayadev: Intellectual Property for the Twenty-First-Century Economy
Intellectual property rights have become the biggest monopoly scam in the world. They have been supported by the World Trade Organisation, which in turn is dominated by those nations home to these monopolistic multinationals. The […]
Geopolitics
Alastair Crooke – Europe is fearful and desperate
Europe has heavily over-invested in its Ukraine project, and now sees it crumbling. In ‘Al Maydeen English’. Read the article HERE.
EU politics
Politico: Macron faces 5 years of gridlock after stunning parliamentary defeat
French president will have to battle for his promised reforms after far-left and far-right rivals log historic gains. Read Here
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