Great Depression Archives - gandeste.org

Europe, Unemployment and Instability

contribuitor — Wed, 06 Mar 2013 13:37:09 +0000

The global financial crisis of 2008 has slowly yielded to a global unemployment crisis. This unemployment crisis will, fairly quickly, give way to a political crisis. The crisis involves all three of the major pillars of the global system — Europe, China and the United States. The level of intensity differs, the political response differs and the […]

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Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School

contribuitor — Wed, 05 Dec 2012 13:36:30 +0000

Amid a worsening fiscal crisis, a crumbling economy, and the destruction of over 40% of America’s wealth in just the last few years, it should be quite clear that this is no ordinary recession. In fact, with progressively dwindling job opportunities, a long-term downward trend in real estate prices, and the near doubling of participation in emergency benefits programs […]

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Currency Meltdown Coming

contribuitor — Thu, 17 Mar 2011 12:52:37 +0000

The situation in Japan is getting worse, not better. There are shortages in food, fuel and warm dry shelter. To make matters exponentially worse, nuclear power plants there continue to burn out of control and emit high levels of radiation. Japan is a stark reminder of how fast a modern technologically advanced society can be […]

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Is the Next Global Food Crisis Now in the Making?

contribuitor — Fri, 13 Aug 2010 07:41:57 +0000

Recent weeks have produced a series of grim and related headlines: Russia has declared a state of emergency because of drought in 12 regions, while in major wheat exporter Ukraine, severe flooding may depress crop yields. Dry conditions threaten Vietnamese rice production. The USDA has projected a disappointingly low Midwest harvest, and China has raised […]

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Why Not Another World War?

contribuitor — Fri, 23 Jul 2010 06:18:20 +0000

There is overwhelming agreement among economists that the Second World War was responsible for decisively ending the Great Depression. When asked why the wars in Iran and Afghanistan are failing to make the same impact today, they often claim that the current conflicts are simply too small to be economically significant. There is, of course, […]

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Economic Meltdown: The Final Phase

contribuitor — Tue, 20 Jul 2010 06:04:48 +0000

In the financial life of every culture built upon faulty monetary policy, there are points at which the thin thread of economic faith; the thread that ties the entire failing system together, the thread made tangible by the hopes (and sometimes ignorance) of the general populace, finally snaps. From Ancient Rome, to Weimar Germany, to […]

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Barack Obama accused of making ‘Depression’ mistakes

contribuitor — Mon, 07 Sep 2009 05:51:23 +0000

Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James Buchanan. His policies even have the potential to consign the US to a similar fate as Argentina, which suffered a painful and humiliating slide from first to Third World status last […]

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British economic collapse rivals Great Depression

contribuitor — Wed, 29 Jul 2009 05:36:33 +0000

The collapse in Britain’s economy now rivals the worst days of the Great Depression, it has emerged. Economic output shrank by 5.6pc in the 12 months to the middle of the year, according to official figures which shattered hopes that the recovery has already begun. The Office for National Statistics said that Britain’s gross domestic […]

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