Spiral downward and No exit! (tags)
The austerity dictates imposed on the Eurozone are only exacerbating the crisis they are supposed to be fighting. The austerity measures are leading to a collapse in domestic demand.
The big crash isn't just hitting the stock markets (tags)
The author reminds us that "never in history has a crisis been solved by printing money." The states and central banks had "maneuvered themselves into a dead end from which they can no longer get out" through their own fault.
Book Review: "The Greatest Predatory Attack of History" (tags)
The 1933 Glass-Steagal law created a firewall between commercial and investment banks and prevented speculators from gambling with the money of savers. Restoring Glass-Steagal would restore trust and public spirit. Profit-making is not profit-maximizing; speculating is not investing.