How big banksters caused the financial crisis

| April 23, 2014

Hang the Bankers has an important article on the recent banking crisis. It explains in a few words how the top banks in the United States plotted to sell derivatives to foreign banks by pushing for deregulation of banks around the world. Now that so many global organizations are in place working for global integration, […]

What crisis means

| March 13, 2010

We watched an interesting speech by Ian Mitroff broadcast on CSPAN last weekend. Mitroff is a writer and a consultant to governments and corporations who are experiencing crisis or want to prevent crises. Mitroff is an expert in managing crises, a social scientist and a systems analyst. We want to credit Mitroff with a couple […]

Global economy tracking Great Depression

| June 18, 2009

Martin Wolf’s report at the Financial Times is getting a lot of internet buzz. Wolf draws from the research of Barry Eichengreen and Kevin O’Rourke to plot the similarities between today’s global crisis and the Great Depression. Wolf concludes that recovery is years away. Contrast this with the near-term recovery being touted on TV financial […]

More financial pain ahead

| June 11, 2009

Stock markets around the world have rallied off their March lows. The talk on financial TV is about having avoided a Depression, green shoots, a sustainable recovery. Other key phrases of the financial conversation include the steepening yield curve (good for bank profits), the stress test, the possible housing bottom, the commodity boom, and demand […]

The problem with the bankers

| April 20, 2009

Michael Hudson has written a seminal analysis of the financial crisis, focusing on Iceland as the target for international predatory lending practices. There are two versions of this article, one at Global Research and one at Intellibriefs. We strongly recommend that you read both versions. These articles summarize economic history and economic war in an […]

The global economic war, Part 1

| December 16, 2008

Background The era of global cooperation between Communism and monopoly capitalism begin with Khrushchev¹s announcement in 1959 that the Soviet Union would no longer play the leading role in the Communist world takeover but would allow each Communist country to develop in the way it wanted. In the late 1970s, following the Great Leap Forward […]