Interesting how often laws are either interpreted or “improved” to protect the interests of the 1%.
Read here
Reuters: Swiss prosecutors seek widening of secrecy law to bankers abroad
Austerity
Bill Mitchell: German growth strategy falters – exposes deep flaws in the EU architecture
Germany has adopted the strategy that it can permanently game its Eurozone partners through its mercantilist approach. Read here
Corruption
Romania-Insider.com: Romanian Social Democrat leader investigated for abuse of office in new case
The egregious saga of the corruption scandals surrounding Romania’s Social Democracy Party continues. After 10 years of Romania being a member of the EU this seems not to disturb the European Union in the least. […]
Austerity
Bill Mitchell: The ‘fiscal contraction expansion’ lie lives on – now playing in Italy – Part 1
“Pathetic was the first word that came to mind when I read this article – The Italian Budget: A Case of Contractionary Fiscal Expansion? – written by Olivier Blanchard and Jeromin Zettlemeyer, from the Peter […]
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