How are States going to deal with the accumulation of public debt generated by the Covid crisis? For many, the answer is clear: central banks will take on their balance sheets a growing share of the debts, and everything will be settled. In reality, things are more complex. Money is part of the solution but will not be enough. Sooner or later, the wealthiest will have to be called upon.
Related Articles

Fake News
HuffPost: Monsanto’s Spies
The agri-chemical giant has a storied history of using shady tactics to attack critics and influence the media. Read here

Austerity
Yanis Varoufakis: Inflation as a Political Power Play Gone Wrong
August 6, 2022
Mathew D. Rose
Austerity, Economics, Finance, Financial Institutions, Globalisation, Inequality, Monopolies, Neo-Liberalism in the EU
0
The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off? Was it China, where most physical production had moved […]

EU politics
Le Monde: Jean-Luc Mélenchon devises plan to become Emmanuel Macron’s main opponent
The leader of the radical left hopes to win the legislative elections in June. Labor Day protests on May 1st will be the the left’s first show of strength against President Macron Read Here © […]
Be the first to comment