I would cut wages in banking and the other FIRE occupations – quite significantly.
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National Politics
Middle East Eye: Almost 900 arrested at Palestine Action demonstration in London, police say
Hundreds gathered in Westminster to protest the proscription of the direct action group Read Article HERE
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. […]
Economics
Eurostat – EU Recession: 17.4% of EU households have difficulty making ends meet
41.6% of households in the EU had at least some difficulty making ends meet in 2024. Wait for the 2025 figures as there should be quite a jump. Read Article HERE
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