"We live in an unstable world, and the instability is going to increase. it is a world where a billion people feel hungry everyday, and the hunger is going to increase. In mid 2007, a number of banks suddenly discovered they could not balance their books and stopped lending..."
How Much Democracy is Left? (tags)
Politics no longer determines the econmy; the mammoth econmy defines politics. The US has long been a plutocracy instead of a democracy and has prescribed this system of capital rule for the whole world. Capital rule is always central rule
The Tax State in the Globalization Trap (tags)
The middle class cannot do what corporations do..German corporations pay little corporation tax; their share amounts to 2.6% of all taxes. For decades, they even received more subsidies than the profit taxes paid in Germany. Corporate enrichment in the US leads to state deficits and social cuts.
The Crash has Already Begun (tags)
"The crash has already begun! Every crash comes inthree steps, the stock market crash, the banking industry crash and finally the real crash, the collapse of the economy, businesses, jobs and the financial system.. The coming depression is the correction.."