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RT Going Underground July 13, 2024

Financial assets buying up real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy our flats anymore just in london us and european cities as well increasingly this is the religious this great faith because the economists about that is the private sector so part of it i think is a lack of confidence in the potential of the state in the potential of government to actually do useful stuff to actually direct the economy in a way that is socially desirable you know what we need is a kind of Green New Deal approach for example where we look to create decent well paid jobs in the sectors where we actually really need new job say let me get a Little Energy because if the data shows i think you. Weve had since the thirtys all moods it has been. The state hasnt really the b ....

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RT Going Underground July 13, 2024

Now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the money supply may not be the most important thing here it may be money allocation as someone from the Chinese Communist but anyway yes i think that is exactly the problem there isnt really a supply story problem theres a demand side problem the demand is coming from speculative speculative type demand so theres lots of demand from households to get mortgages to buy houses house prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying my wages group think they think th ....

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RT Going Underground July 13, 2024

Homewards it has been the state it hasnt be the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do this big expansion in infrastructure were going to spend this on r. And d. And the central bank finances support financing through its Monetary Policy has credit guidance policies that direct lending into those sectors most needed then you tend to have more successful outcomes not everywhere of course theres always exceptions theres always those involved ways and you will south american failed states but in countries with mature institutions and democracies thats not generally the case well they know they even lie about the Interest Rate in the city of london as we know for a reliable until say a german coal woul ....

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RT Going Underground July 13, 2024

Voices in the military will see committee at the bank of england saying its not working yet well theres voices everywhere and now even some of the top x. Central Central Bank Governor was raising questions about q. E. In his announcement talked about the need for governments to do more expanding fiscal policy and thats a view thats becoming increasingly prevalent i think amongst Monetary Policy makers governments arent yet getting the message that we still havent seen expansion in fiscal policy to create demand in the economy that i think is so you need the roots of the response problem to what we have right now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the fact that money supply m ....

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RT Going Underground July 13, 2024

A Scottish Court rules Boris Johnson misled the queen we ask what is Boris Johnson is that the public on the man who was his top advisor tells us johnson shot to britains responsibilities in the fight against Climate Change all the more coming up in todays going on to grab a 1st straight to why the European Union has been forced to announce it will start printing tens of billions of euros from the vendor joining me is Research Head of University College london the institute for innovation and public purpose thanks for coming on how bad are things above after 11 years after the bailouts of the financi ....

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