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Bankers Rule (tags)

The state became indebted to bailout the banks. Now the state pays them ever higher interests. The state should guarantee the deposits of small savers, not the debts of banks to other banks or hedge funds. The financial sector must be shriveled, the sector that uncoupled.

Psychology of Crisis (tags)

Psychology has a great influence on developments of the world econmy. In Tokyo, the G7 states agreed to avoid negative terms to not worsen the situation. Neither the extreme price drop of the dollar nor of the Yen were mentioned in the final declaration.

The Iranian Oil Bourse (tags)

The denomination of oil sales is a pyure transaction affair.. In the present situation, the oil bourse represents a symbolic manifestation of Iran's desire to be less dependent on a US-dominated dollar-world.

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