fix articles 401346, by ingo schmidt Los Angeles Indymedia : tag : by ingo schmidt

by ingo schmidt

Budget Cuts and Happy Times (tags)

For around three decades, a Troika from Wall Street, the US Treasury Department and the Federal Reserve pushed global (capital) investments with a mixture of tax cuts, cheap credits and overrated securities.

Will the Neoliberal Consensus Survive the Banking Crisis? (tags)

These are hard times for the neoliberal consensus whose message was forced worldwide for three decades by the ruling classes in the imperialist metropolises on free capital flows. Business data is a fetish constructed for the goal of profit maximization.

Why Is Oil More Expensive? (tags)

The reason for the high price of oil is that specualtive capital after the eruption of the US real estate crisis in the summer of 2007 now wreaks its havoc in the oil- and other raw material sectors. Workers have a world to win whose contours can hardly be defined.

Real Estate Crisis in the US (tags)

Credit failures in the real estate business threaten the whole payment system between banks, private businesses and households handled through short-term credits..The US real estate crisis affects other economic sectors and countries and cal also lead to a shift in class relations.

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