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
Positive Money: UK consumer credit approaches 2008 peak
Austerity
Simon Wren-Lewis: The micro incompetence of UK austerity
It is good to read a piece by an economist, which puts politics back into austerity. Read here
Austerity
Jean-Luc Mélenchon – Europe must abandon these foolish Brussels treaties
Emmanuel Macron’s vision of the continent’s future fails to address the most urgent problems facing Europeans today Read here
Corruption
VilaWeb – Luis Gonzalo Segura: “The Spanish army has adopted NATO’s standards but remains Francoist at heart”
The problem is that when you look a bit closer at EU member states what you find is anything but the enlightenment and democratisation that was supposed to have occurred. Read here
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