“Short-term responses are being put in place to deal with mid- to long-term problems, which is understandable given the urgency of the immediate.”
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Economics
Positive Money: UK consumer credit approaches 2008 peak
We have been here before. To keep the economy too much money has been leant to those who cannot repay their debts. It does not take much imagination to guess what follows. Read here
Geopolitics
Turkish Minute: EU criticizes Turkey for continued deterioration of democratic standards and rule of law
The European Commission in its yearly report on Turkey said there are “serious concerns” about the continued deterioration of democratic standards, the rule of law and respect for fundamental rights Read HERE Photo: Hilmi Hacaloğlu/Voice of America
Corruption
Prem Sikka – The state still matters: Why the private sector doesn’t have all the solutions
When the UK private sector has been reluctant to embrace risks, the state has stepped in Read here
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