Yanis Varoufakis is right, he predicted the results of Germany’s austerity policy years ago. But the Germans, with their typical hubris, did not listen. They know better. If you are wondering why the EU’s political elite is not panicking, with Trump and the rise of inexorable rise of ultra-right parties in Europe, the answer is simple: they cannot panic, they are frozen by fear.
In the 2017 Dutch general election centrists thought they had turned the tide with regard to anti-EU sentiment in the Netherlands. Not anymore. With its neo-liberal policies the EU is still contributing to the rise […]
“What does the term ‘financialisation’ mean and does it add value to our understanding of the contradictions of modern capitalism and guide us to the right policy to change things?” Read here
1. It would better for the speculators to stop their futile attempts to profit from pressuring the Bank to raise rates and end its bond-buying program. 2. The Bank will not cede to this pressure, […]
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