If the EU introduced a similar law they would have to start a programme for building new prisons. The City of London would fill one or two, Volkswagen and Deutsche Bank one as well.
Read here
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Austerity
Bill Mitchell: The abdication of the Left – redux – Part 1
If you have not yet read Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World by Thomas Fazi and Bill Mitchell – a book one should definitely read – then here is a […]
Economics
ShareCast: Blackrock doubles Russian Polymetal stake as investors flee over sanctions
Private equity giant Blackrock has taken a punt on beleaguered Russian gold miner Polymetal, doubling its stake to just over 10% even as the stock takes a battering from sanctions imposed against Moscow. Read Here
Economics
Positive Money Europe: Helicopter money is the vaccine against a long-lasting Covid-19 recession
Europe needs helicopter money to cope with the severe upcoming recession while avoiding a massive unsustainable debt burden. As soon as the economic recovery phase starts, the ECB should boost consumption in a fair way […]
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