I would cut wages in banking and the other FIRE occupations – quite significantly.
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Finance
Grace Blakeley: How the bond vigilantes are holding Argentina to ransom
International institutions have allied with bond vigilantes to bludgeon Argentina into imposing policies that benefit investors and harm working people. Read here
Austerity
Bill Mitchell: German growth strategy falters – exposes deep flaws in the EU architecture
Germany has adopted the strategy that it can permanently game its Eurozone partners through its mercantilist approach. Read here
Energy
DIW: Ten years after Fukushima: Nuclear energy is still dangerous and unreliable
• Analysis of global nuclear power developments, especially since the Fukushima major accident • Since the beginning of the commercial use of nuclear power in the 1950s major incidents have repeatedly occurred • Report investigates […]
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