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
October 08, 2017
UK Household Debt Has Reached Unsustainable Levels
Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis, explains Edward Smythe of Positive Money