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.
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Chris Dillow – Why not celebrate full employment?
To someone of my generation, there’s a curiosity about politics today – that the Tories are not making more of the fact that unemployment is remarkably low. Read HERE
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