17 September 2008

credit crunch and casino capitalism


A picture tells a thousand words but if you really want the proof of the budding check this diagram. It ain't over yet, but is there a solution here or should we just be happy that recession can breed a cultural fightback?

2 comments:

  1. we need tough rules to stop the financiers’ folly, and a new framework that better serves the public interest.

    Join here now!

    http://www.avaaz.org/en/global_finance_action/

    ReplyDelete
  2. Here is why capitalism needs to reinvent itself.

    http://www.financialrepercussions.blogspot.com/

    ReplyDelete