How do they finance it? By borrowing at negative rates.
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Corruption
Anna Minton: Developers are using culture as a Trojan horse in their planning battles
It’s an old story in many cities. Artists move into a derelict building, because the need cheap ateliers or rehearsal rooms. The building becomes hip, property developers buy it and throw out the artists. Luxury flats […]
Austerity
Kate Mackenzie, Tim Sahay: Carbon Budget versus Fiscal Budget
Mark Blyth: “The continuing idiocy of the EU’s fiscal rules in an era of underinvestment and climate change. Madness on stilts”. Read HERE
Economics
Bill Mitchell: In the battle between government and the hedge fund gamblers – the government has all the cards
Investors is code for speculative gamblers Read here
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