Debt Relief, Climate and Recovery Aid Needed, Say Africa Catholic Bishops (tags)
African Catholic Bishops called for an overhaul of the financial system to address health, climate, food and other challenges the region faces.
Dark Clouds Gather on Horizon for Financial System, Warns International Monetary Fund (tags)
Bali, Indonesia -The International Monetary Fund releases its "Global Financial Stability Report" ahead of its Annual Meetings held this year in Southeast Asia.
Is the Financial Crash 2.0 Coming? (tags)
Market ideology has been on the advance since the 1980s. Only a few voices warned of the risks and instability of the liberalized financial markets. After they profited from the generous bailout packages, the banks began to speculate against the most indebted countries.
The World Dependent on Central Banks (tags)
The situation seems extremely contradictory. The global economic and financial system has been clinically dead since 2008. It only functions because it is artificially kept alive by the central banks like a patient in the intensive care unit $!8 trillion was pumped into the global system.
Causes of Great Problems Faded Out in Elections (tags)
Elections today have one thing in common: they don't change anything. Pseudo-battles dominate in which the actors are intensely focused on evading the burning questions and diverting the electorate from the real causes of problems..
Janet Yellen's Storytime (tags)
The US economy is not picking up speed, wages are not rising and the situation on the labor market has not improved... The world economy did not get going again after the greatest wealth redistribution in the history of humanity.
$1.5 Quadrillion Time Bomb (tags)
finance
How Neoliberalism Gained Hegemony (tags)
The pressing question is why do the masses vote against their own interests and applaud those who champion goals opposed to their well-being or welfare? Ideas prevail because power is on their side, not because they are better. Neoliberalism went from sect to cultural hegemony
IMF Releases Paper on Ending Predatory Behavior (tags)
The International Monetary Fund (IMF) officially released a major paper focused on increasing stability in the financial system and preventing predatory hold-out behavior in debt restructuring.
Cost of the Crisis, 72pp (tags)
The cost of the Wall Street-caused financial collapse and ongoing economic crisis is more than $12.8 trillion. $12.8 dramatically understates the true costs of the crisis because so much is simply unquantifiable.
The Financial System as a Parasite of the Economic System (tags)
In the global tax competition over tax revenues collapsing worldwide, states are run by a global financial and banking system and made into debtors. The factors taxes and labor are effectively marginalized as mere costs to be shifted. Taxes and labor (straw) are transformed into gold.
Occupy World - The Protest Against the Financial System Intensifies (tags)
Since the beginning of the financial crisis, governments from Berlin to Washington solemnly vowed to regulate the financial system more strongly, close the casino on the financial markets and call to account financially the speculators.for their inflicted damage. Deeds did not follow.
Ex-Fed Chairman Paul Volcker Criticizes the Federal Reserve (tags)
"Altogether the 81-year old Volcker can hardly see anything good in the development of the financial system over the last 25 years."
Banking in Crisis" Towards a Responsible Organization (tags)
Luc Van Liedekerke, 1962, Professor of business ethics at the University of Leuven and Antwerp, Director of the Center for Economics and Ethics, KULeuven. Wim Dubbink, 1964, professor of business ethics at the University of Tilburg
"Concepts must be developed against the global demand-deficit. Repairing the financial system is not enough. The economic-political prescriptions of the past - flexible wages and restricted social benefits - would worsen the situation."
Monetary and Fiscal Failure, Fraud, and Fear of What's Next (tags)
looting the treasury continues with militarism ready to confront dissent
The Structural Crisis of the Financial System (tags)
"Introduction of taxation on speculative financial transactions must go along with a genuine nationalization that involves a change of the actual banking system into a public system and fixes the role of money as a neutral means of exchange for services."
The International Crisis Report, from Curitiba, PR, BR (tags)
Adjusting to avoid the concentration of the financial system, maintaining that system under the domain of public power and invest in infrastructure and in social policies are functions that the state should recover from the current global crisis. That is what said the teacher called Alex Izurieta, senior secretary of
This is the world that has been pulled down over your eyes to blind you from the truth...