A long-standing effort to make big investment funds abide by the same rules that banks and brokerages follow has bogged down. The fund industry says it supports the rules — it just has a few quibbles.
Climate Crisis
George Monbiot: As the fracking protesters show, a people’s rebellion is the only way to fight climate breakdown
Our politicians, under the influence of big business, have failed us. As they take the planet to the brink, it’s time for disruptive, nonviolent disobedience Read here
Austerity
Bill Mitchell: IMF changes tune on industry policy – shamelessly – Part 1
First it was capital controls (no one talks about the success of Iceland with this policy) that the IMF revised. Now it is what the IMF refers to as “The policy that shall not be […]
Finance
Ann Pettifor: Central Bankers – Engineering a Worldwide Slump and Declaring Class War
Technocrats have used QE to deliberately inflate asset bubbles. They have never publicly condemned or constrained asset price inflation. Read Here
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