With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today’s economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began [...]
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The Telegraph brings a story on how a Failure to save East Europe will lead to worldwide meltdown: The unfolding debt drama in Russia, Ukraine, and the EU states of Eastern Europe has reached acute danger point.
In addition to that we have that interview with George Celente, founder of the Trend Research Foundation, which [...]
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After we all know how money is actually created from the documentary Money as debt, found earlier on splittingtimes, here it is in a more compressed version from someone else:
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Wer immer noch nicht verstanden hat, wie es zur Finanzkrise kommen konnte, sei folgender Zeit-Artikel ans Herz gelegt:
Wo ist das Geld geblieben?
Und wer kann schon behaupten, wirklich die Zusammenhänge begriffen zu haben. Auch nach der Lektüre dieses Dossiers.
Auf die wesentlichen Begriffe geht der Artikel leider nur kurz ein: die „Credit Default Swaps“ werden gerade mal [...]
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