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.
“Without deep pockets and a structured network to carry your ideas, the left and heterodox economists are up against one of the most well-funded ideologies in the world.” Read here
Australia’s largest coal-fired power station will close seven years earlier than planned, as its operator says it is increasingly unable to compete with the “influx of renewables”. Read Here Photo: Nick Pitsas, CSIRO licensed under […]
The two most effective state weapons against democracy are the police and the media. As Serge Halimi wrote in his billiant article Forgotten France rises up (read here) French journlaists have been warned ‘Journalists must […]
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