financial crisis Archives - gandeste.org

Economic Science and the Debt Crisis

contribuitor — Wed, 27 Mar 2013 05:07:29 +0000

How could the world’s leaders and top economics not see the debt crisis coming? What are the underlying causes of this greatest financial crisis since the 1930s? And how can we get out of it? A documentary by the Swedish public broadcaster SVT – switch on English subtitles with the button in the bottom right […]

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Time to break up the big banks

contribuitor — Sun, 10 Feb 2013 07:40:12 +0000

With his chronically gravelly voice and relentlessly liberal agenda, Sherrod Brown seems to have stepped out of “Les Miserables,” hoarse from singing revolutionary anthems at the barricades. Today, Ohio’s senior senator has a project worthy of Victor Hugo — and of conservatives’ support. He wants to break up the biggest banks. He would advocate this even if […]

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How Big Banks Run the World – at Your Expense

contribuitor — Mon, 11 Jun 2012 06:36:25 +0000

The recent Public Banking conference held in Philadelphia offered a message that is at once so simple – but also so bold – it is hard for most Americans to pause long enough to understand how profoundly their thinking had been corralled by the masters of finance – in ways far, far, far more insidious […]

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Nervous Breakdown

contribuitor — Wed, 21 Sep 2011 05:37:47 +0000

Will global financial markets reach a breaking point during the month of October? Right now there are all kinds of signs that the financial world is about to experience a nervous breakdown. Massive amounts of investor money is being pulled out of the stock market and mammoth bets are being made against the S&P 500 […]

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Global Financial Markets Smell Blood In The Water

contribuitor — Tue, 19 Jul 2011 06:31:14 +0000

Can you smell it? There is blood in the water. Global financial markets are in turmoil. Banking stocks are getting slaughtered right now. European bond yields are absolutely soaring. Major corporations are announcing huge layoffs. The entire global financial system appears to be racing toward another major crisis. So could we potentially see a repeat […]

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Why US Need Not Fear Sovereign Debt Crisis: Unlike Greece, It’s Sovereign

contribuitor — Wed, 28 Jul 2010 06:10:27 +0000

Last week, a Chinese rating agency downgraded U.S. debt from triple A and number one globally, to “double A with a negative outlook” and only thirteenth worldwide. The downgrade renewed fears that the sovereign debt crisis that began in Greece will soon reach America. That is the concern, but the U.S. is distinguished from Greece […]

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Crisis Awaits World’s Banks as Trillions Come Due

contribuitor — Tue, 13 Jul 2010 06:05:58 +0000

The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years. The European Central Bank, the Bank of […]

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China Warns Euro Debt Crisis Could Trigger Second Recession

contribuitor — Mon, 31 May 2010 13:31:13 +0000

China warned on Monday that Europe’s struggle to contain ballooning debt posed a risk to global economic growth, raising the specter of a double-dip recession. Premier Wen Jiabao, addressing business leaders during an official visit to Japan, issued his warnings a day after France admitted it will struggle to keep its top credit rating and […]

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