Each time this modern variant of financial capitalism gets ahead of itself, the main players – who are usually content pocketing excessive profits – always come running back for life support from the state.
The privatise the gains, socialise the losses story. Repeated.
A view in Monaco with yachts moored at Port Hercules during the 22th edition of the International Monaco Yacht Show. The Monaco Yacht Show is considered the most prestigious pleasure boat show in the world with the exhibition of 500 major companies in the luxury yachting and a hundred super and megayachts afloat. The event runs until September 22. (Valery Hache/Getty Images)
According to media reports, Greek police officers have coerced migrants into helping with illegal pushbacks. Five European media outlets say they were able to verify corresponding statements by several migrants with satellite imagery and official […]
Israel’s terror attack against Lebanon on 17 September was executed prematurely after Tel Aviv received intelligence that Hezbollah members had discovered their pagers were tampered with, according to a report by Al-Monitor. The outlet reported […]
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