There is one big lesson from the Danske Bank money laundering scandal. Regulating the modern banking system does not work. Modern banks are now primarily giant hedge fund managers speculating on financial assets or they are conduits for tax avoidance havens for the top 1% and the multi-nationals.
The Long Depression of the 21st century may have begun in 2009, but the economic forces that caused it were underway as early as 1997 onwards. Michael Roberts is an Economist in the City of […]
The ‘single number’ theory that helped nix climate change Read HERE
This is why the EU needs its own army, to involve the Union in more military adventures. Read here
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