Once again we learn that QE has not helped the real economy, just bailed out the banks and corporations
Read here
Bill Mitchell: Bank of England finds QE did not increase bank lending: who would have thought
Inequality
Guthrie Scrimgeour – You Aren’t Allowed in These Billionaire Towns
‘Welcome to the fully privatised city, where the ultrarich can do as they please — no whining from the rabble permitted.’ In Jacobin. Read the article HERE.
Geopolitics
Thomas Fazi: NATO: 75 years of war, unprovoked aggressions and state-sponsored terrorism
More than ever, NATO represents by far the biggest threat to peace in the world today Read HERE
Climate Crisis
Al Jazeera – France and Spain brace for heatwave that could worsen raging wildfires
We are well beyond the point of predicting how climate crises will compound and multiply one another: it is happening in Europe now. Read the article HERE.
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