"The conventional wisdom among the elite is still that the current slump “cannot be as bad as the Great Depression.” This view is wrong. What we face now could, in fact, be worse than the Great Depression—because the world is now so much more interconnected and because the banking sector is now so big. We face a synchronized downturn in almost all countries, a weakening of confidence among individuals and firms, and major problems for government finances. If our leadership wakes up to the potential consequences, we may yet see dramatic action on the banking system and a breaking of the old elite. Let us hope it is not then too late."
"The conventional wisdom among the elite is still that the current slump “cannot be as bad as the Great Depression.” This view is wrong. What we face now could, in fact, be worse than the Great Depression—because the world is now so much more interconnected and because the banking sector is now so big. We face a synchronized downturn in almost all countries, a weakening of confidence among individuals and firms, and major problems for government finances. If our leadership wakes up to the potential consequences, we may yet see dramatic action on the banking system and a breaking of the old elite. Let us hope it is not then too late."
The boycott is beginning to pick up steam, now it needs to spread to other places that support this murderous colonial apartheid state.
ReplyDeleteOff topic but important:
ReplyDelete<h1>The Quiet Coup</h1>
"The conventional wisdom among the elite is still that the current slump “cannot be as bad as the Great Depression.” This view is wrong. What we face now could, in fact, be worse than the Great Depression—because the world is now so much more interconnected and because the banking sector is now so big. We face a synchronized downturn in almost all countries, a weakening of confidence among individuals and firms, and major problems for government finances. If our leadership wakes up to the potential consequences, we may yet see dramatic action on the banking system and a breaking of the old elite. Let us hope it is not then too late."
http://www.theatlantic.com/doc/200905/imf-advice/4
Off topic, but important:
ReplyDeleteThe Quiet Coup
"The conventional wisdom among the elite is still that the current slump “cannot be as bad as the Great Depression.” This view is wrong. What we face now could, in fact, be worse than the Great Depression—because the world is now so much more interconnected and because the banking sector is now so big. We face a synchronized downturn in almost all countries, a weakening of confidence among individuals and firms, and major problems for government finances. If our leadership wakes up to the potential consequences, we may yet see dramatic action on the banking system and a breaking of the old elite. Let us hope it is not then too late."
http://www.theatlantic.com/doc/200905/imf-advice/4
The Great American Bubble Machne by Matt Taibbi in Rolling Stone
ReplyDeleteThis was an eye-opener!
http://www.scribd.com/doc/16752803/The-Great-American-Bubble-Machine
This was an eyeopener!
ReplyDeleteThe Great American Bubble Machine by Matt Taibbi
Rolling Stone
http://www.scribd.com/doc/16752803/The-Great-American-Bubble-Machine
I can't figure out how to read the article from your link, vza.
ReplyDeleteThey are already selling Neda t-shirts on cafepress.
ReplyDeleteIt is in PDF form, Molly.
ReplyDeleteOne should be made [a tee shirt] for every Palestinian child killed during the recent war in Gaza.
ReplyDeleteOff topic, too:
ReplyDeleteMichael Jackson died.
... so did Farah Fawcet.
Stickers that need more deployment -
ReplyDeletehttp://i240.photobucket.com/albums/ff115/deadringer_01/biosticker.jpg
They should be selling Rachel Corrie t-shirts....
ReplyDelete