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carmen reinhart

The Forgotten History of the Financial Crisis (tags)

In the United States between late 2008 and early 2009, 800,000 people were losing their jobs every month. By 2015, over nine million American families would lose their homes to foreclosure—the largest forced population movement in the United States since the Dust Bowl.

What is a Crisis? A Retrospect on the 2008 Economic and Financial Crisis (tags)

The economic guild interprets crisis through an ideological lens. The financial crisis is redefined as a state debt crisis. Illuminating the systemic causes of crisis or discussing the crisis proclivity of the capitalist system is not possible anymore.

European Bank Socialism (tags)

The motto "Too big to fail" frees the financial sector from all chains. In the future, the banks will not have to assume any liability for taking irrational risks. Instead they can commit fraud without limit-in a system that already leads us to the brink and creates millions of unemployed.

Grim Holiday Season Tidings (tags)

class war

Bretton Woods 2.0: Soros New World Order Conference (tags)

new world order

More from the Front Lines of the Financial Crisis (tags)

The worst is yet to come.

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