Economics
Reuters: Lira plunges more than 7% as Turkey edges towards free market
Erdogan seems to be responding to his election victory by retreating towards more ‘orthodox’ macroeconomic policies. Read the article HERE.
Financial Institutions
Economics
Michael Hudson – Buying US Debt Subsidizes Imperialism
When you hold dollars, you lend money to the U.S. government to encircle you militarily, have the money to engage in military confrontation with you, and have the money to threaten you not to do […]
Economics
eu observer: ECB president grilled over €135bn interest payout to commercial banks
The EU Disneyland Parliament is once again showing that it can ask questions. Read HERE Photo: Wikimedia Commons
Economics
Michael Roberts – ECB: 25 years
After 25 years the ECB has still not been able to fulfil its task Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’s blog The European Central Bank […]
Corruption
ARC – CAP Agricultural Strategic Plan Denmark: The Art of Bypassing Fairness
Why EU agricultural policy is not working for the common good, but for the profits of venture capital. In this case in Denmark Agricultural and Rural Convention – ARC2020 is an NGO, a multi-stakeholder platform […]
Economics
Michael Marshall: The dynamics of conflict and distance in financialised affordable housing
Speculation in low-income housing by an opaque investment community has produced new housing conflicts, but also new tactics among activists. Michael Marshall is a Doctoral Researcher in the Department of Urban Studies & Planning at […]
Economics
Radhika Desai, Michael Hudson, Mick Dunford – China builds global alternative as US-led financial order decays
Achieving by Undermining Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City. […]
Finance
Hannah Brenton: Silence speaks volumes as Switzerland still reels from bank meltdown
In Switzerland, no one wants to talk about one of their biggest banks just collapsed. In Politico. Read the article HERE.
Economics
Shaun Richards: Who thought the ECB would be sharply raising interest-rates with Germany in recession?
This morning has brought us back to some extent to a piece of economic orthodoxy. Putting it another way something which was always really rather likely is being presented as a shock of sorts. So […]
Economics
Chris Dillow – No magic money trees
“There’s no magic money tree” is usually used as an argument against extra state spending. But it can just as often – and sometimes with more justification – be an argument against privatization. Chris Dillow […]