Richard Murphy: There is no such thing as taxpayer’s money

The president once said “Israel could get into a fistfight with this country and we’d still defend” it. That is now clearer than ever. Read HERE

April industrial output -2.9% y/y vs f’cast +0.4% April retail sales -11.1% y/y vs f’cast -6.1% Nationwide jobless rate highest since Feb 2020 Jan-April fixed asset investment +6.8% y/y, vs f’cast +7.0% Read Here

In this interview Yanis Varoufakis discusses Bitcoin’s bubble, the fantasy of apolitical money and the opportunities for the blockchain to reform Europe. Read here