With British household debt reaching a new high, it did not really need an ecnonomist to explain this. But in this time of Brexit hysteria the obvious becomes arcane and the ridiculous becomes a story in the Guardian.
Read here
Economics
Richard Murphy: The banks are using this crisis to demand that we go back to the rules of 2007 so that they can exploit us all over again
This is the real danger, that the financial corporations use the corona crisis to further their interests, not to mention receive hundreds of billions from the state. Read here
Climate Crisis
The EU’s Brown Deal: EU lawmakers set to open door for recovery funds to support fossil gas
As we keep repeating, forget all the Green bullshit coming from the EU centre-left parties. The EU’s Brown Deal is coming. Some of the centre-left even voted to include fossil fuels, including natural gas, in […]
Economics
Bill Mitchell: “We need the state to bail out the entire nation”
Probably the only ones trying to hold on to the old ideology are the Germans, although in practice they will do anything to save the 1%. Read here
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