Greeks have taken a big part of the brunt in Europe because of the preying on its country by banks and international institutions. Essentially, the failed strategy has been all about AUSTERITY: shrink the economy even more in return for not…plunging the economy even deeper. The people in Greece have had enough–and they’ve […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "United Kingdom"
BREAKING Greeks General Strike Against Austerity. We Need The Same
Posted on 06 October 2011.
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Capitalist Voices Say: Print Money–Or Be Afraid…VERY AFRAID
Posted on 04 October 2011.
You can smell the fear and the alarms going off–not by reading The Nation (snore…kick me when it has something new to say) or The New York Times, whose "economic" reporters, with one or two exceptions, are astonishingly dumb. For some real insights, look to the Financial Times and The Economist. And the message […]
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World Consumer Debt Crisis–Another Reason To Be Very Afraid
Posted on 28 July 2009.
It is an article of faith that American consumers are way over leveraged, particularly when it comes to credit card debt. But, a pretty scary article in the Financial Times the other day makes it clear that this is a worldwide phenomena that is likely to prolong the economic crisis we are in. I […]
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