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Mark Blyth explains the U.K.'s decision to leave the E.U. - YouTube
Yanis Varoufakis & Mark Blyth - https://youtu.be/iMk6aVsl8Rs - Scotland (joining the EU) will not have a welfare state as long as Wolfgang Schaeuble is at the helm), Secular Stagnation = feels like permanent recession. especially w austerity. squeezed middle class, working poor, Precariat. [...] the only thing that is keeping things alive and somewhat steady is monetary policy (ZIRP, NIRP, QE) & triple-lock pensions (ie in UK). [...] Status Quo is extend and pretend (ie in EU) [...] Centrists lost the plot, all under 50% of vote share. some places just 25% (ie Tories 2015). [...] [min 20 #Brexit] [...] EU and ASIA running trade surplus against the world. "be more competitive" = exporting deflation. is not same as productivity. [...] Q&A session: you can not reform a country (structural reforms) under dark cloud of debt deflation. no shared dream of prosperity. //&! youtu.be/md6_WfF9Ky0?t=22m
Nigel  Farage  Brexit  deflation  deflationary  IMF  Richard  Koo  ZIRP  NIRP  QE  monetary  policy  fiscal  policy  secular  stagnation  Donald  Trump  western  world  ECB  Yanis  Varoufakis  democracy  Mark  Blyth  Brexit  No  Representation  Career  Politicians  politician  1%  10%  GFC  austerity  bank  bailout  corporate  welfare  George  Osborne  David  Cameron  squeezed  middle  class  working  poor  Westminster  Whitehall  nasty  party  Centrist  Tony  Blair  Gordon  Brown  Jeremy  Corbyn  Tories  Conservative  Angela  Merkel  Wolfgang  Schäuble  European  Union  PIGS  economic  history  globalisation  globalization  AI  Robotics  Robots  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  automation  Precariat  populism  Polarisation  demagogue  demagogy  Nigel  Farage  Front  National  AfD  Fear  mongering  immigration  Nationalism  Nationalismus  Privatisation  UK  Germany  France  far-right  right-wing  UKIP  recovery  Refugee  Crisis 
july 2016 by asterisk2a
Steve Keen on Education - YouTube
economy future relies on innovation. and if you check and monitor to death a system, and add bureaucracy on top of it, and low wages, and being under staffed and being over worked. and crowded, noisy class rooms (unable to spot talent and unable to sponsor). you can't have a prosperous future economy/generation with high social mobility. higher incomes. new industries. // oh and theyve cut research to nothing // oh and the creative digital industry is complaining, and added value industry is complaining about lack of qualified/skilled young workforce. // // UK will lose rest of its heavy industry because of energy prices it can't compete on world wide because it hasn't invested in the Smart Grid, energy storage systems, infrastructure, and renewable energy! Period. Budget2015 they cut all of renewable investment schemes and even had the audacity to put a carbon tax levy on it!
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august 2015 by asterisk2a

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