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 […]
Taxpayers have agency over global financial markets…they subsidise, embolden and enrich centres of financial power like those of Wall St and the City of London. A long read, but well worth it. Read here
From The Guardian Europe is facing its biggest crisis since the Balkan wars. But no conflict is intractable, and the broad principles for resolving it are the same as they were in Ireland. Read here […]
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