The Daily Shaarli
October 25, 2021
The US stock market went back to record highs last week. This was despite media talk that the recent rise in goods and services prices inflation in the major economies may continue for some time ahead. This led to further hints that not only would central bank injections of credit money (quantitative easing) be tapered back soon; but also central banks would soon start to hike their policy interest rates.
In Finland, 70% of pre-school children attend a full day care service. It is public, subsidised and free for families with lower incomes – showing that Britain's expensive childcare mess is a political choice.
Here’s what this writer proposed five years ago as a workable Financial Transaction Tax that would raise $2.41 Trillion by a 2.5% tax on stock and bond trades plus a 0.25% on derivatives trades plus another mere 1% tax on $ currency trading.
Cuba joined the Alliance for Energy of the Chinese Belt and Road Initiative (BRI), a project to build an international mega-platform for cooperation and exchange under the principle of shared profit.
A new book by David Wengrow and the late David Graeber is a brilliant rejection of the fatalistic myths of human history — and a defense of our power to shape our own world.