“With another cyclical downturn approaching, the European Commission continues to conduct its affairs in a sort of time warp, divorced from reality.”
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Bill Mitchell: European Union – business as usual as the madness continues
Economics
Des Freedman: Lecturers are fed up with being the big losers in the higher education market
What is described in this piece is symptomatic for the whole of Europe. Our universities are destined to become commodities in service of neo-liberalism. Let us not forget that education is what made European culture […]
Finance
Nick Dearden: If Labour wants to save the NHS, it needs to cut out Big Pharma
Giant drug companies – ‘Big Pharma’ – have become the ultimate symbol of a broken corporate model. They live off monopolies on medicines discovered many years ago, extending those monopolies by making tiny changes to […]
Economics
CNBC: China holdings of U.S. debt fall below $1 trillion for the first time since 2010
China’s portfolio of government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday. It marked the first time since May 2010 that China’s holdings fell below the $1 trillion mark. […]
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