The EU has been lying to its citizens for two years, claiming that Brexit would destroy the British economy while leaving EU business unscathed. How that would be possible if Germany alone has a 40 billion euro trade surplus with the UK is unclear. A German think tank study speaks of the loss of at least 100,000 jobs alone in Germany. Now that a recession is imminent, EU intransigence may have consequences. A healthy portion of EU fudge seems in the making.
It always comes down to the same two elements: the neo-liberal regimen of the EU led by Germany and the national enforcers, who prohibit change in the interests of their citizens. Read here
Two members of the European Central Bank Board of Governors are being investigated for corruption: Yannis Stournaras of Greece and now Ilmars Rimsevics of Latvia. Both are heads of their nation’s central banks. Maybe the […]
The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]
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