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
EU politics
Richard Murphy: Schäuble gets it wrong, even in hindsight
Wolfgang Schäuble, the leader of Europe’s austerity campaign and devastator of Greece, is retiring. Neither he, nor the German media, have any doubt that he saved Europe from itself. Richard Murphy is neither German, nor […]
Finance
New Weather Institute: The absent and violent corporation
Human beings, so used to ‘the customer is always right,’ are now to be bled from every angle and then treated as costs to be cut rather than assets to be cosseted. Read here
Climate Crisis
Tree Hugger: Why electric cars won’t save us: There are not enough resources to build them
“[W]e have to stop talking about how electric cars will save us; it takes too much stuff to make them all… We have to look… at making it easier for people to use… bikes, transit […]
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