Thursday, January 29, 2009

The Great Depression of the 21st Century

The Global Financial Crisis

Causes and consequences of the financial meltdown; The speculative onslaught; Financial fraud and the “bank bailouts”; Bankruptcy of the real economy; Impacts on employment, wages and social services; Towards a spiralling public debt; The economic crisis and its relationship to the Middle East war; The centralization of corporate power; The concentration of wealth; The globalization of poverty. What are the policy alternatives?

Posted by troy @ 11:47 AM (1313 views)
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11 thoughts on “The Great Depression of the 21st Century

  • japanese uncle says:

    Michel Chossudovsky is one of the clearest thinking, most conscientious academics along with David Ray Griffin and Webster Tarpley.

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  • The Roman Empire was a form of globalization and that didn’t end well either. Is that barbarian hoards I hear coming over the horizon?

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  • JU odd you should mention DRG, I just fell over this on Sabine O’Neil’s website
    http://noworldsystem.com/2007/11/05/fiat-empire-why-the-federal-reserve-violates-the-us-constitution/

    also on google here
    http://video.google.com/videoplay?docid=5232639329002339531&hl=en

    mrm the Roman things was very middle earth, once the USA are out of the way no doubt China will rise and fall, unless? nah!

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  • japanese uncle says:

    troy

    Come on this is Edward Griffin.

    Anyway I do wish to see both US and China (and Russia) disintegrated into dozens of smaller nations for the peace of mankind, which is a possibility. Also EU must be cancelled, and so must euro. The world will be a much better place.

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  • JU sorry I’m not a zoo-ologist, one griffin looks the same as another to me, I even get Felicity Lawrence mixed up with Felicity Kendall
    but that’s Waterstones for you!

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  • japanese uncle says:

    tory

    There is another slighly obese one spitting fire in the UK as well known by the name of Nicky.

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  • JU steady on mate can we keep the tories and bnp out of this conversation?
    best wishes
    yort

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  • troy……….

    Love the anagram!…… Really liked your comment the other night about me being an optimist. You are actually dead right. comes from my humour.
    Whichever way this all works out I will be happy. Punishment does not distinguish and in both outcomes it will be all. I have accepted the unavoidable and will try and save that which is worthwhile. For example:- Trees.

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  • ah ha plato, trees can be both beautiful and useful, more so than television sets. However, simply by existing they to invite exploitation as well as appreciation. Particularly so when mankind allows its social, political and economic systems to be dominated by those who live by psychopathic traits. Under their rule, nothing is sacred.

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  • troy……

    Took you long enough to reply but I will concede, your comment required it. I think the ‘light’ from JU is becoming infectious………..and on a serious note;the few worthwhile are definitely worth the effort.
    Going to watch this video later – short of time at the mo’

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  • sorry I can’t join in real time. agree with most of above dialogue

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