WHY INVESTMENT NOT CUTS IS KEY

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 Questions and answers: Why investment not cuts is key Reprinted from Socialist Economic Bulletin  28.08.12 The debate on the alternatives to the current failed economic policy of the government has intensified. The renewed downturn in Europe, a British government Budget whose … Continue reading

Reactions to Republican Vice Presidential Candidate Paul Ryan’s Speech

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Thom Hartmann has explained how Wanninski’s ‘Two Santa Clauses’ theory has allowed the Republicans to con America for the last 30 years (1).  Paul Ryan is simply the latest, and perhaps most overt, exponent.  Nevertheless, the ‘audaciousness’ of the ‘misspeaking’ … Continue reading

Truths behind global debt crisis – Max Keiser interviews Steve Keen

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Published on Aug 25, 2012 by PressTVGlobalNews In this edition of the show Max interviews Steve Keen from Debtdeflation.com. It has been five years since global debt crisis began. The debt is now so great that it can no longer … Continue reading

The Unfree flow of Information and Cyberspace.

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There are two propositions which are generally held to be true. The first is that politicians sometimes/often/always lie; and the second, is that for there to be any semblance of democracy, there needs to be accurate information available to the … Continue reading

Why does the Structural Deficit remind me of LIBOR?

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(I know this might sound rather boring but the facts are actually a bit incredible…) The London Interbank Offered Rate (LIBOR) is a benchmark interest rate used broadly all over the world and affects trillions of dollars of loans worldwide – mortgage … Continue reading