Successive British governments have used the Private Finance Initiative since the early 90’s to fund infrastructure and public spending – but the scheme has always been controversial. The public/private partnership was supposed to create efficiency […]
The problem with the EU and Euro is that they are based on lies under the presumption that if repeated often enough, they will become reality. This worked well for a while, but as Abraham […]
Taxpayers have agency over global financial markets…they subsidise, embolden and enrich centres of financial power like those of Wall St and the City of London. A long read, but well worth it. Read here
A long-standing effort to make big investment funds abide by the same rules that banks and brokerages follow has bogged down. The fund industry says it supports the rules — it just has a few […]
In 2008, collectively, we had the opportunity to reboot a broken financial system so that it became fit for purpose. But instead of reconfiguring it to serve the real economy, politicians and central bankers used […]
A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc’s plans for a banking union. Read here
This year the eurozone turns twenty. If the first ten were characterized by a complex start-up phase in search of an internal balance, the second decade has been marked by a crisis that has not […]
The new EU member states have sussed it out: the political class makes the laws – for themselves and their wealthy clientel. It took a while, but they are finally integrated in the European Union. […]
Somehow Ireland has rarely been a topic in BRAVE NEW EUROPE except for its tax policies. Our Partners and comrades at The New Pretender posted this and were so kind as to let us present […]
This is a very important read! So, the EU is at it again: putting the interests of the banks before those of its citizens, accepting their possible financial ruin. How long will it take for […]
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