This is one of those all-time historical events that make the severe crises of the past (early 1980s, 1990s, GFC – look like blips).
Economics
Daily Sabah: UK on brink of recession as economy unexpectedly shrinks in August
Don’t forget that Britain is not only an important trading partner of the EU and Germany, but also has a large defict that supports their mercantile policy. Read Here
Finance
David Graeber: We’re racing towards another private debt crisis – so why did no one see it coming?
From The New Statesman As in 2008 private debt threatens to provoke the next financial crisis in the United Kingdom. Once again the facts are being ignored by those financial instituions responsible. Read here
Economics
The Nation: The World Wolfgang Streeck Wants
A conversation with the German sociologist about the challenges that face Europe and his polarizing views on how to roll back the excesses of globalization. Read Article HERE
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