Well worth a read: The Fed, the asset bubble, and the end of capitalism as we know it. Or maybe just another doomsday blog.
Read here
EU politics
George Monbiot: Referendums get a bad press – but to fix Britain, we need more of them
650 parliamentarians decide for 66 million Britons. Elections are years apart. Is that really democracy asks George Monbiot. There must be a way to improve this system: referendums. The sort of referendum used for Brexit […]
Austerity
Ashoka Mody: Why Italy could be facing a disastrous new recession
Even if the Chinese economy merely slows down global trade deceleration will continue and if, in addition, the global trade war escalates, global economic conditions could deteriorate rapidly. Italy will face the ill-effects of a […]
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