Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Mark Carney, governor of the Bank of England, tells bankers and business leaders that the result of the EU referendum is clear, but its implications for the UK economy are not. ‘The economic outlook has deteriorated and some monetary policy easing will likely be required over the summer,’ he adds, suggesting that a cut to the benchmark interest rate, currently at a record low of 0.5%, is on the cards.
June 27 -- Former Federal Reserve Chairman Alan Greenspan discusses fallout the U.K.'s Brexit referendum, U.S. economic growth, wage and economic stagnation, central banks, low productivity, and his call for inflation in the U.S. economy. He speaks with Bloomberg's Michael McKee and Tom Keene on "Bloomberg ‹GO›."
24.06.2016 - Die Briten verlassen die EU, das ist eine Tragödie für Europa. Die Lehre: Die verbliebenen Staaten der Gemeinschaft sollten jetzt noch enger zusammenarbeiten. Ein Videokommentar von Florian Harms.