Dear Catalans, You are not allowed to secede from Spain. The EU ‘owns’ Spain, and Spain ‘owns’ you. Catalonia is a wholly owned subsidiary of Spain. Spain is a subsidiary of the EU. And the EU is non-negotiable. Vast amounts of capital went into this project; if it fails it will bring down the global banking system.
There is no other way to describe economics in 2017 than wilful blindness, writes economist Professor Steven Keen. Nobel Laureates who claimed financial crises were now impossible also claimed the 2008 Global Financial Crisis could not have been predicted. This is all, of course, nonsense. The evidence was there all along. Those with the power to change the course of history simply chose to ignore it.
Throw a dart at the map of the world and chances are it will land in or near a territory in which the US and its allies have ‘promoted democracy’, made a ‘humanitarian intervention’, and/or ‘defended western values’, leaving behind the stench of JP Morgan, Standard Oil, Halliburton, and the Cheney and Clinton dynasties. The concept of ‘left and right’ is a sideshow for the plebs – MarkGB examines how war has become a reliable profit centre for government cronies.
Prof. Stiglitz on who should really take the blame for the financial crisis.
How can countries implement independent policies amidst the wave of the globalisation mantra? We ask Prof Herman Daly.