The numbers filing for unemployment insurance continue to rise and now top 43.2 million since March 7, 2020. A further 1.9 million filed in the week ending May 30, 2020.
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Finance
Jesse Felder: Don’t Overlook The Vampire Squid’s Role In The Recent Tesla Call Buying Frenzy
Goldman Sachs. Says it all. Read here
Globalisation
The Intercept: Tax Havens and Other Dirty Tricks Let U.S. Corporations Steal $180 Billion From the Rest of the World Every Year
Are tax havens an enraging but tangential subject? Or do they have a powerful effect on the how the U.S. economy functions, and should therefore be a part of every political debate? Read here
Economics
Bill Mitchell: Seize the Means of Production of Currency – Part 2
Are taxes necessary according to MMT? You can read Part 1 here Read here
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