The massive fines levied against the investment funds have been interpreted as a “declaration of war” from Mayor Ada Colau, who wants more affordable housing.
Austerity
Politico: Macron ‘lost authority’ after caving to Yellow Jackets, says Oettinger
The EU hegemon speaks. This is the same German Commissioner who called upon the markets to crush Italian state finances if the government passed a budget above a deficit of 2 %. Read here
Corruption
Prem Sikka: The ‘Big Four’ accounting firms should be broken up
Britain goes from one massive accounting scandal to the next. There are two parallels: The reports were egregiously wrong and the accounting firms earned loads of money for these reports. Read here
Economics
Chris Dillow: ENLIGHTENMENT & THE CAPITALIST CRISIS
Lieberalism is being threatened by exactly that which created it: capitalism. Read here
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