One question that continually comes up when I do interviews is this: If governments are not financially constrained in their spending why do they issue debt?
Read here
Bill Mitchell: Why do currency-issuing governments issue debt? – Part 1
Environment
rfi: France moves to ease pesticide ban to save sugar beet farmers
This is typical for the EU. First a law forbidding neonicotinoids, then providing openings to by-pass the law and use this insecticide. Ten other EU member states have also used the exemption.Thus the EU can […]
Austerity
Prem Sikka – Britain: This is the state of our economy after a decade of Tory rule
Successive right-wing governments have badly hurt our economy. What’s next? Read here
Media
Consortium News: PayPal Backs Down After Outpouring of Support for CN
Paypal at it again. They did this to us round three months ago. Payments were finally restored although other payments never came through. They never explained why they did this. Read Here
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