Archive for 'Tag Archives: 'financial crisis''
A Real Radical Solution to the Financial Crisis
Jamal Harwood Much can be said for the commitment, drive, and sheer doggedness of the many thousands worldwide which are braving the winter elements to keep their dignified “occupy” protests alive. It has caught the imagination [...]
Is the current financial crisis the end of capitalism?
Idries de Vries The credit crisis of 2007 and 2008, which has since then morphed into a global sovereign debt crisis, has shown fundamental flaws in the economic system of capitalism. This does not necessarily imply [...]
Law of Unintended Consequences: European defaults, failed Western ideologies and Babar Ahmad
When the incompetent or corrupt break the law or their most important principles it invariably leads to unexpected consequences. At the height of the slow motion car crash which is often referred to as the Eurozone [...]
Financial Crisis – The Global Blame Game
It is often said, “why let a good crisis go to waste?” So we shouldn’t be surprised that the doyen of the US Federal Reserve, Ben Bernanke, has weighed in with a warning that the crisis [...]
Eurozone Crisis – Beware of Greeks Seeking Gifts
In the last week of October the heads of the Eurozone countries announced their long awaited plan for solving the debt crisis ravaging the region. With Greece seemingly on the brink of a sovereign debt default [...]
A critique of interest: Debunking Time Value of Money and other arguments
The credit crisis of 2008 and its aftermath, including the current sovereign debt crisis, has made many people realize that the capitalist economic system is not perfect. That it contains faults which in a “perfect storm” [...]