This is the recorded talk I gave to Positive Money Italy (http://monetapositiva.blogspot.com/) on November 23rd 2018. I explain that excessive private credit caused the relative boom in Italy before the crisis, and the collapse in credit during the Eurozone-imposed period of austerity is the main reason that economic growth in Italy has stagnated.
Economics
Transit Lounge – Nicholas Shaxson talks power, money and the finance curse at Dark Havens
Nicholas Shaxson unveils the secrets of the seriously, filthy rich and talks me through how many of the world’s offshore tax havens are not only tropical islands, but actually British & OECD territories. Just what […]
Finance
Strike by employees or McDonalds in Britain organised by Momentum
40 staff from McDonald’s restaurants in Cambridge and Crayford walked out on September 4th over the transnational company’s use of zero-hours contracts and lack of union recognition. Listen here und here
Austerity
Stavros Mavroudeas – The Greek budget and the mobilisations against it
This is another austerity budget dictated by the EU despite being promoted by the SYRIZA as the first ‘free’ state budget. It places again the burden on the shoulders of the working people and the […]
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