Claude Serfati: 2014 – A Turning Point in the Economic and Geopolitical Situation

1) The hypothesis laid out in this paper is that a new turn in the international economic and geopolitical situation took place in the last months. On the economic side, not only it appears that the finance capital’s social and economic power has not been seriously dented by the new regulatory framework under way in different countries, but that it goes on thriving on the global bleak macroeconomic situation. Through the last years, mainstream economists’ main concern was EU deflation, a code name for depression. More

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