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.
Economics
German Foreign Policy: Power Struggles Behind the Front
An increasing number of German companies expand their presence in the USA – at the growing expense of German production sites. US reindustrialization goes hand in hand with Germany’s deindustrialization. Read Here
EU politics
Dutch Review: 7 Things to know about the Dutch election results of 2019
In the 2017 Dutch general election centrists thought they had turned the tide with regard to anti-EU sentiment in the Netherlands. Not anymore. With its neo-liberal policies the EU is still contributing to the rise […]
EU politics
The Independent: Emmanuel Macron branded ‘hero of the rich’ for cutting taxes for the wealthiest in new French budget
Emmanuel Macron seems to be pushing through a neo-liberal policy that once again enriches the few and immiserates the many. What else is new in the European Union? Read here
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