Branko Milanovic, Li Yang – How Corruption Fuels Inequality in China

Yesterday turned out to be quite a day in central banking terms. There is much to say about my home one as in the Bank of England, but the truth is that even the extraordinary […]

There’s reason to believe that the combination of high levels of public and private indebtedness combined with high interest rates could lead to financial trouble in the not-too-distant future. In Ann Pettifor’s Substack. Read the […]

‘Open door for forces of finance at the ECB’ reveals that the advisory groups counselling the European Central Bank are dominated by representatives of some of the most influential global financial corporations.  Read here