Publishing Guide

Upcoming Events

International | Anti-Capitalism

no events match your query!

New Events

no events posted in last week

Other Press

Anti-Capitalism

France Rises Up Against the New Fascism - Vaccine Passports 23:57 Jul 21 3 comments

George Floyd: one death too many in the “land of the free” 23:58 Jun 23 0 comments

The leveraged buyout, exploitation and punishment beating of Greece as warning to others. 11:45 May 11 0 comments

Red Banner issue 60 out now 13:18 Jun 22 0 comments

Red Banner issue 59 out now 17:46 Mar 28 0 comments

more >>

User Preferences

Feeds

Blog Feeds

Anti-Empire

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

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

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

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

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

The Saker

A bird's eye view of the vineyard

Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog.? We are also making archives of the blog available for free download in various formats (see below).?

What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
2023/02/27 19:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by

Lockdown Skeptics

Meet the Ecosexuals: People Who Have Sex With Trees, Mud and Lumps of Coal to Somehow Save the Plane... Mon Apr 21, 2025 13:00 | Steven Tucker
Meet the ecosexuals: people who have sex with trees, mud and lumps of coal to save the planet. Lauded by the likes of the Guardian and Teen Vogue, the crazy green fringes are hitting the mainstream, says Steven Tucker.
The post Meet the Ecosexuals: People Who Have Sex With Trees, Mud and Lumps of Coal to Somehow Save the Planet appeared first on The Daily Sceptic.

UK in Race to Opt Out of WHO Lockdown Powers Mon Apr 21, 2025 11:06 | Will Jones
Britain has just weeks to escape new powers allowing the World Health Organisation to recommend?imposing lockdowns in future pandemics, a group of MPs and peers has warned.
The post UK in Race to Opt Out of WHO Lockdown Powers appeared first on The Daily Sceptic.

DOGE UK Launch: Join Us in the Fight Against Woke Waste Mon Apr 21, 2025 09:00 | Charlotte Gill
Charlotte Gill unveils DOGE UK, a turbo-charged taskforce born from her 'Woke Waste' Substack, aiming to audit taxpayer-funded absurdities and dismantle the bloated machinery of ideological spending. Join the fight!
The post DOGE UK Launch: Join Us in the Fight Against Woke Waste appeared first on The Daily Sceptic.

What is Harvard vs Trump About? Mon Apr 21, 2025 07:00 | James Alexander
Trump's clash with Harvard shows a deeper culture war over what universities should be, with the Government pushing for merit and neutrality while Harvard clings to power and privilege, says Prof James Alexander.
The post What is Harvard vs Trump About? appeared first on The Daily Sceptic.

News Round-Up Mon Apr 21, 2025 00:53 | 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.

Lockdown Skeptics >>

Voltaire Network

Voltaire, international edition

Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

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

international | anti-capitalism | opinion/analysis

Sunday August 21, 2011 17:18

by Roy Batty

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/

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

save preference

Comments (5 of 5)

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

Add Your Comments >>

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy