The German government is not sweeping the dirt under the carpet, it is shovelling it, especially SPD finance minister and chancellor candidate Olaf Scholz.
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Reuters: EU watchdog slams Germany for lapses in Wirecard fraud
Corruption
Prem Sikka: The UK’s financial regulators are presiding over widespread corporate failure
As we are probably heading into the next financial crisis, afterwards there will be the great outcry concerning the lack of regulation. It never went away following the last financial crisis. Read here
Corruption
Politico: Mogherini’s College application prompts cries of cronyism
She is exceptionally well qualified to run a training ground for future EU officials teaching them to combat democracy, enforce neo-liberalism, and support corruption. That is what the EU is all about. Read here
Economics
Bill Mitchell – Forget the record deficits and public debt – focus on what the net spending is doing to advance well-being
MMT economists have always held the view that a focus on deficits and debt aimed at assessing solvency thresholds and the like has never been justified and has underpinned destructive policy interventions that have undermined […]
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