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debt showdown

Democracy in Crisis: The Terror of the Economy is a Danger to Democracy (tags)

There is a powerful crisis dynamic that is stronger than the will of the sovereign and its democratic institutions. When capital relations fall into crisis, everything can be instrumentalized: the basic law, democracy, human rights and human life. Economic pressure creates extremism of middle.

From the Debt Showdown into Recession (tags)

The scenario of an economic double-dip is very likely without additional economic measures. The budget cuts may bring about a recession. The republicans in Congress threaten to concoct an economic crisis if they are not allowed to cut spending. Our greatest problem is low spending.

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