Browsing All posts tagged under »EU«

Free trade fiction & crumbs of hope

June 16, 2019

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Crumbs of hope are still being tossed to increasingly restive and increasingly unemployed working people, the latest of these being the promise of a multi-trillion dollar free trade zone apparently to the benefit of Africa's 1.22 billion population. This is yet another myth promoted to support a systemic problem.

No golden path to stability

January 7, 2012

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Ever since Europe slid into crisis there has been talk that gold might be a way out.  Why?  Because of gold reserves held by various central banks.  Italy, for example, could pay off a substantial part of its burdensome debt by unloading it gold stocks at current prices. And here is the rub:  at current […]