by [embedded content] Martin Wolf says there will be a big financial crash in five years time especially as the US is weakening its financial regulations. He says how the 2008 crash was the worst in history where the economy was only saved by a massive bail out from governments, but the next crash will be even worse.Ed balls is a classic neoliberal who says that the less government gets involved in the economy the better (except, of course, when bailing out his buddies in the One Percent with their banks).Thought Fran Boait of Positive Money would be a bit overwhelmed by the two heavyweights, Martin Wolf and Ed Balls, but she just comes straight out with it and says neoliberalism doesn't work while the rich are still getting richer while everyone else is getting poorer.
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Martin Wolf says there will be a big financial crash in five years time especially as the US is weakening its financial regulations. He says how the 2008 crash was the worst in history where the economy was only saved by a massive bail out from governments, but the next crash will be even worse.
Ed balls is a classic neoliberal who says that the less government gets involved in the economy the better (except, of course, when bailing out his buddies in the One Percent with their banks).
Thought Fran Boait of Positive Money would be a bit overwhelmed by the two heavyweights, Martin Wolf and Ed Balls, but she just comes straight out with it and says neoliberalism doesn't work while the rich are still getting richer while everyone else is getting poorer.