Tuesday , November 5 2024
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George Monbiot on Brexit: Capitalism’s Civil War

Summary:
I did change my mind about Europe. I know from an MMT POV its terrible, but I thought it was better than what the Brexit crowd had to offer. It's best to stay in and try to reform it, and dump the Euro, so countries can deficit spend again. Although Europeans have a lot in common, they are also too different to become one country at this present time.George Monbiot is superb here. It's hard to figure him out: the left hate him because he supported the Syrian war, and I bet he's xenophobic about China and Russia too, but I found this video to be inspiring. I'm not dogmatic, but his stance on Syria infuriated me too. How could he support another Western backed war in the Middle East? “Farage and his ilk are just tools of something much bigger & much deeper than they are”[embedded content]

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 I did change my mind about Europe. I know from an MMT POV its terrible, but I thought it was better than what the Brexit crowd had to offer. It's best to stay in and try to reform it, and dump the Euro, so countries can deficit spend again. Although Europeans have a lot in common, they are also too different to become one country at this present time.

George Monbiot is superb here. It's hard to figure him out: the left hate him because he supported the Syrian war, and I bet he's xenophobic about China and Russia too, but I found this video to be inspiring. 

I'm not dogmatic, but his stance on Syria infuriated me too. How could he support another Western backed war in the Middle East? 

Farage and his ilk are just tools of something much bigger & much deeper than they are”




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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