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.
Finance
The Real News: UK Household Debt has Reached Unsustainable Levels
Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis, explains Positive Money’s economist Edward Smythe in this interview for The […]
Finance
Renegade Inc. – Money Markets: Who’s Pulling the Strings?
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
EU politics
Politics Theory Other: Richard Seymour on the Labour Party’s anti-semitism row
As the political and economic situation in the United Kingdom declines rapidly, corporate media has concentrated on purported anti-Semitism in the Labour Party. Politics Theory Other tries to determine how well founded this claim is. […]
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