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interest rate

No, the coronavirus is not responsible for the fall of stock prices

By: 
Eric Toussaint

De-growth must be started immediately and urgently planned to combat the ecological crisis. We must produce less and better. The manufacture of certain products vital to the well-being of the population must increase (construction and renovation of decent housing, public transport, health centres and hospitals, drinking water supply and sewage treatment, schools, etc.) but many other productions must radically decline (personal cars) or disappear (arms manufacturing). Greenhouse gas emissions must be drastically and abruptly reduced. A whole range of industries and agricultural activities need to be converted. A large part, and in some cases all, of the public debt must be cancelled.

How to Cut Infrastructure Costs in Half

By: 
Ellen Brown

President Donald Trump has promised to rebuild America’s airports, bridges, tunnels, roads and other infrastructure, something both Democrats and Republicans agree should be done. The country needs a full $3 trillion in infrastructure over the next decade. The $1 trillion plan revealed by Trump’s economic advisers relies heavily on public-private partnerships, and private equity firms are lining up for these plumbing investments. In the typical private equity water deal, for example, higher user rates help the firms earn annual returns of anywhere from 8 to 18 percent – more even than a regular for-profit water company might expect. But the price tag can come as a rude surprise for local ratepayers.

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