The Great Depression of the 21st Century
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The Great Depression of the 21st Century with Michel Chossudovsky Causes and consequences of the financial meltdown; The speculative onslaught; Financial fraud and the “bank bailouts”; Bankruptcy of the real economy; Impacts on employment, wages and social services; Towards a spiraling public debt; The economic crisis and its relationship to the Middle East war; The centralization of corporate power; The concentration of wealth; The globalization of poverty. What are the policy alternatives?
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September 7th, 2009 at 12:54 pm
I really recommend starting with this video. It is a fairly mind-blowing speech of Michel Chossudovsky, explaining the mechanics of current global economic depression.