The Crisis of Speculative Capitalism (tags)
The bubble bursts when debtors cannot pay and a bankruptcy crisis develops at the end.. The illusion of the stock exchange as a roulette with guaranteed permanent profits burst with the New Economy bubble..Only the worldwide regulation of the financial markets can avert their collapse.
The Crisis of Speculative Capitalism (tags)
Since the end of July 2007, the world economy was shocked by a new severe crisis of the financial markets. The courage to regulate the financial markets to prevent a future uncoupling from the productive economy is still obviously absent. The hour of truth will inevitably come.