Tag: Recession

Aug 23

They see a light

The most influential members of the Italian government have been the leading actors of the annual convention of Comunione e Liberazione, the powerful catholic sect with a strong bias for business and many leaders convicted or prosecuted for bribing. Probably due to the mystic atmosphere in the “Meeting” and against any evidence and data (see …

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Jul 21

US economic recovery is a dangerous mirage

Unlike the eurozone and the UK, where a double-dip recession is already under way, the US has undergone even more public sector releveraging – effectively stealing growth from the future… Nouriel Roubini, Guardian Business blog