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.
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Positive Money: UK consumer credit approaches 2008 peak
Climate Crisis
PIK: Germany’s Greenhouse Gas Emissions Increase
Germany’s Federal Environment Agency (Umweltbundesamt) has released its greenhouse gas emissions report 2021 for Germany. Unlike global emissions, German emissions have not reached another record high, but have risen nonetheless. Read Here
Economics
Grace Blakeley – Interest Rate Hikes Are Class War
Today’s right-wingers are hoping to solve the inflation crisis like they did in the 1970s: through hiking interest rates and suppressing wages. That’s how economists wage class war. Read Here
Environment
The Guardian – Monsanto trial: judge rejects bid to overturn landmark cancer verdict
This is very mixed news. When things get tough for transnational corporations, the American justice system gets going. Besides, Germany´s pharmaceutical transnational Bayer still has the Trump administration, the Republicans, and of course the Supreme […]
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