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Anti-Empire

Anti-Empire

offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

offsite link Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

offsite link Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

offsite link ?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

offsite link US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Anti-Empire >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Wed Dec 25, 2024 00:32 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Starmer Doesn?t Have a Feel for Politics and His Team Lacks the Skills to Run the Country, Says Vete... Tue Dec 24, 2024 19:00 | Will Jones
Keir Starmer "doesn?t have a feel" for the Labour Party or politics in general and his team lacks the skills to run the country, veteran Labour MP?Diane Abbott?has said.
The post Starmer Doesn’t Have a Feel for Politics and His Team Lacks the Skills to Run the Country, Says Veteran Labour MP Diane Abbott appeared first on The Daily Sceptic.

offsite link Church of England Tells Clergy to Edit Christmas Carols to ?Avoid Unnecessary Offence? Tue Dec 24, 2024 18:00 | Will Jones
The Church of England has told clergy in Birmingham to watch out for "problematic words" in Christmas carols that imply Jesus is the "true Messiah" or other religions aren't valid. And they wonder why the pews are empty.
The post Church of England Tells Clergy to Edit Christmas Carols to “Avoid Unnecessary Offence” appeared first on The Daily Sceptic.

offsite link Best-Selling Hybrids Face Net Zero Ban From 2030 Tue Dec 24, 2024 15:42 | Will Jones
Some of Britain?s best-selling hybrid cars will be banned from sale after 2030 under a?Net Zero crackdown?proposed by Ministers, including the mild hybrid versions of the Ford Puma, Range Rover Evoque and VW Golf.
The post Best-Selling Hybrids Face Net Zero Ban From 2030 appeared first on The Daily Sceptic.

offsite link Experts Call For Return of Lockdown-Style Social Distancing as Flu Surges, Claiming ?a Fifth of Thos... Tue Dec 24, 2024 13:46 | Will Jones
Experts?have issued an urgent call for lockdown-style social distancing ahead of Christmas Day amid surging flu infections, claiming that a fifth of those infected have no symptoms but can spread it.
The post Experts Call For Return of Lockdown-Style Social Distancing as Flu Surges, Claiming “a Fifth of Those Infected Have No Symptoms But Can Spread It” appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link Voltaire, International Newsletter N?113 Fri Dec 20, 2024 10:42 | en

offsite link Pentagon could create a second Kurdish state Fri Dec 20, 2024 10:31 | en

offsite link How Washington and Ankara Changed the Regime in Damascus , by Thierry Meyssan Tue Dec 17, 2024 06:58 | en

offsite link Statement by President Bashar al-Assad on the Circumstances Leading to his Depar... Mon Dec 16, 2024 13:26 | en

offsite link Voltaire, International Newsletter N?112 Fri Dec 13, 2024 15:34 | en

Voltaire Network >>

Zombie Housing, Zombie Banks, Zombie Governments: Economy Cassandra Says Marx was Right

category international | anti-capitalism | opinion/analysis author Sunday August 21, 2011 17:18author by Roy Battyauthor email roy at wheresmyfuckingmoney dot com Report this post to the editors

"Karl Marx had it right. At some point capitalism can destroy itself because you cannot keep on shifting income from labor to capital without not having excess capacity and a lack of aggregate demand, and that's what's happening." --Nouriel Roubini
Karl Marx
Karl Marx

Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy's direction. The economist who predicted the financial meltdown in 2005 says Marx was correct that capitalism can collapse. Fortune Magazine: "In 2005 Roubini said home prices were riding a speculative wave that would soon sink the economy. Back then the professor was called a Cassandra. Now he's a sage." Paul Krugman (2009): "Nouriel Roubini was right. At a time when the likes of Alan Greenspan were dismissing concerns about excessive home prices and declaring that banks were stronger than ever, Roubini warned that there was a monstrous bubble in the housing market and that the bursting of that bubble would cause much of the financial system to collapse. And so it has turned out, with even the most seemingly outlandish of Roubini's predictions matched or even exceeded by reality." In a fascinating interview with The Wall Street Journal's Simon Constable, Dr. Roubini doesn't have much good to say about the future. In fact, his answer to Mr. Constable's first question, "What can we do to get the economy going?" is "Probably very little." See full article and video at http://wheresmyfuckingmoney.com/2011/08/zombie-housing-...ight/

Related Link: http://wheresmyfuckingmoney.com

 #   Title   Author   Date 
   Europe’s economic crisis spins out of control     T    Sun Aug 21, 2011 22:56 
   Stock market panics and the danger of another recession     P    Mon Aug 22, 2011 12:24 
   part of the game     opus diablos    Mon Aug 22, 2011 12:38 
   On which subject..     opus diablos    Tue Aug 23, 2011 12:17 
   Hudson     Rian    Mon Aug 29, 2011 14:30 


 
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