The government has learned to use QE to fund the coronavirus crisis, which is all well and good except for the fact that there are significant wealth inequalities arising as a result as some in the population save substantial amounts. If we are to prevent runaway asset inflation arising a way to use those savings has to be found and they have to be used to fund constructive activity. I outline some new thinking on this issue in this video. There is much more thinking to do in this area if social justice is to exist after coronavirus.
This is an interview from a different perspective. Mitch Feierstein is an investor, hedge fund manager and author of Planet Ponzi. It’s a harrowing narrative. Watch here
Writer Pavlos Roufos reviews eight years of managed disaster for Greece under Europe’s austerity regime – from the roots of the crisis in both internal politics and international finance, to the perverse structure of EU-imposed […]
Featuring Larry Elliott (Guardian), Grace Blakeley, Costas Lapavistsas, Feyzi Ismail, Eddie Dempsey. If you wish to understand what are the weaknesses of the European Union, here you have many of the reasons.