The current prime minister of Iceland sold over a million Euros in assets in the Glitnir bank just hours before the the state took control of the collapsing bank in 2008 Read here
The risks of a private debt crisis in the United Kingdom are real enough. But the existential threat is that this will happen together with the bursting of the greatest asset bubble in the UK’s […]
‘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
David Whyte’s report from Barcelona provides an analysis concerning the current events in Catalonia that is lacking in other media. David Whyte, is a Professor of Socio-legal Studies at theUniversity of Liverpool and one of […]
People in Britain are ready for a radical change. The Tories are politically bankrupt, which most everyone seems to agree on. Trying to brand Corbyn a Marxist throwback who wants to turn Britain into Venezuela […]
The headline from last weekend’s municipal elections in Portugal is the success of the Socialist Party, an exception to the demise of the European center-left. But there are deeper lessons if you look at the […]
From The Guardian Central bank infallibility was always something of a myth. Much of the decline in inflation in the 1990s and early 2000s was due to globalisation rather than the brilliance of central bankers. […]
Did the banking crisis ever end, or continue in other forms? New Weather teamed up with Prime Economics on the anniversary of the crisis to ask the big questions To visit the website of the […]
From Financial Times – Alphaville (It is free, but you have to register) Victor Xing of Kekselias looks at how central banks are dealing with the distributional effects of their policies. Read Here
Ten years on from the outbreak of the Great Financial Crisis Fran Boait and Stan Jourdan evaluate the policy of central banks since then and propose reforms of the European Central Bank that are necessary […]
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