Archive for financial crisis

US accepts ‘blame’ for crisis ahead of IMF meeting

America must take a “substantial share” of the blame for the continuing financial crisis, US Treasury Secretary Tim Geithner admitted as he warned that the »»

Karl Marx and the Economic Crisis Today

In a recent article for Reuters, titled “Karl Marx and the World Financial Crisis,” Bernd Debussmann discusses the present global crisis. The reporter, far brighter »»

Global economic crisis to last for 3 more years

The Russian authorities have been lost in their own forecasts. First Vice Prime Minister Igor Shuvalov once said that Russia had already overcome the peak of the »»

The Dirty Dozen

The Enabler
ALAN GREENSPAN

WAS Chairman of the Federal Reserve (1987-2006)
WHAT HE DID Pushed for sweeping power to regulate Wall Street — and then failed »»

Russia backs return to Gold Standard to solve financial crisis

Russia has become the first major country to call for a partial restoration of the Gold Standard to uphold discipline in the world financial system.

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Is the Bailout Plan Breeding a Greater Crisis?

At his March 24 press conference President Obama demonstrated that he is capable of understanding issues as presented to him by his advisers and able »»

The Big Takeover

The global economic crisis isn’t about money - it’s about power. How Wall Street insiders are using the bailout to stage a revolution

It’s »»

The special relationship is going global

Historians will look back and say this was no ordinary time but a defining moment: an unprecedented period of global change, and a time when »»

The Big Takeover

The global economic crisis isn’t about money - it’s about power. How Wall Street insiders are using the bailout to stage a revolution

It’s »»