Bond Markets Control Governments

By: Tuesday July 31, 2012 3:41 pm

We have plenty of evidence that governments are afraid of bond markets. In the US, fears of the retaliation of the bond market have driven the fiscal policy of both parties. And the amount of money traded in bond markets is enough to overwhelm weak governments and seriously affect even stronger ones.

 

We Can’t Afford This Oligarchy

By: Sunday November 27, 2011 11:00 am

We need austerity. We can’t afford our Oligarchs any more.

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