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national / housing / press release Monday February 27, 2017 22:18 by 1 of Indyy 1 image
The latest issue of People's News -for 15th Feb carries a lead article on the current housing bubble. The free movement of capital has become one of the maxims of global capitalism. Along with the free movement of people, goods and services it is also one of the “four freedoms” of the EU’s single market. But the removal of the policy instrument of capital controls has probably contributed to a succession of financial crises. Three decades ago, many people in the EU invested their hopes in a combination of free trade, free mobility of capital, a fixed exchange rate, and an independent monetary policy — dubbed an “inconsistent quartet.” read full story / add a comment |
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