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Daily Archives: October 6, 2016
Finance feeds on us, not the other way ’round
Financial services are not a driver of growth, they are a massive tax on the economy. Not only are financial services a cost of doing business for everyone else, they have managed to capture trillions in taxpayer subsidies and bailouts … Continue reading
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Record debt and slowing growth: Intrinsic halves of our economic w(hole)
An IMF report warns that following 16 years of expansionist monetary policies, the world was a record $152 trillion dollars in debt at the end of 2015, more than double the amount owed in 2000. The debt represented 225% of … Continue reading
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