fix articles 13060, living economies
Austria: Crash Instead of Cash (tags)
In 1978 the Bretton Woods system broke down since the US abandoned the key function of the US dollar to print money to finance the Vietnam War.. The liberalization of the financial markets started a mechanism in which the worldwide population loses.
Bailout Jobs, Not Banks! (tags)
The real state of German public finance is kept secret from the public although the public should pay the bill. Union leaders parrot the fairy-tale of the evil bankers who alone caused the whole debacle. Automakers produce for the storage yard
Welch's Marvelous Transformation (tags)
Nearly all the excesses summarized unter the terms turbo- or casino capitalism are based on the ideology of shareholder value: the rule of financial markets over the real economy, the short-term and short-sightedness of shareholders and waves of rationalizations."
From Bubbles to Living Economies (tags)
"The old story promised stability based on enterprise but delivered chaos based on speculation. It preached transparency but created a world ruled by occult financial knowledge.."