Every day we hear of new wage cuts for ordinary workers. That isn’t so at the other end of the wage scale.
Read here
Finance
Reuters: Swiss prosecutors seek widening of secrecy law to bankers abroad
Interesting how often laws are either interpreted or “improved” to protect the interests of the 1%. Read here
Economics
Richard Murphy: The banks are using this crisis to demand that we go back to the rules of 2007 so that they can exploit us all over again
This is the real danger, that the financial corporations use the corona crisis to further their interests, not to mention receive hundreds of billions from the state. Read here
Austerity
Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster Read here
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