fix articles 407511, michael r. kratke
The Blood of the Black Sheep (tags)
Crisis and Catharsis. Capitalism begins its great self-purging to remain what it is. The Wall Street boys and girls have not forgotten how to make money amid crisis. The speculation bubbles burst. The fictional wealth dissolves in thin air thanks to falling home prices and stock prices.
Game of Deceived Deceivers (tags)
The worldwide game with fictional assets has a few winners and many losers. Who has deceived whom in the game of deceived deceivers is hardly clear. The world econmy is too important to be left to gamblers. We need far more than a few new surveillance cameras and watchmen in the casino
Six Trillion Dollars (tags)
The US military occupation of Iraq cannot be won militarily and cannot be paid for. The military occupation was sold as a cheap war that would only help the US and the world: more security and a lower price of oil. Empire and double standards bring only nihilism and distrust.
The Asian Crisis of 1997-1998: Deregulation (tags)
Enormous capital streamed in short-term monetary investments that could dissolve at any time, not in lasting direct investments. Higher stock prices and home prices fueled the credit boom. Deregulated finance markets are everything but efficient.