French and German banks have more than $400 billion at stake and would lose big if the country left the currency union.
Read here
Climate Crisis
MIT: How rising groundwater caused by climate change could devastate coastal communities
Higher sea levels will push the water table up with them, causing flooding, contamination, and all manner of unseen chaos. Read here
EU politics
The Guardian: Uber stripped of London licence due to lack of corporate responsibility
London has not renewed Uber’s licence due to its lack of “corporate Responsibility”. Read here
Austerity
Bill Mitchell: IMF changes tune on industry policy – shamelessly – Part 1
First it was capital controls (no one talks about the success of Iceland with this policy) that the IMF revised. Now it is what the IMF refers to as “The policy that shall not be […]
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