14 June 2009 ~ 0 Comments

What the World Economic Crisis Teaches Us About Capitalism

This is a must-read piece from an editor of GegenStandpunkt in Germany, now translated into English. Everyone knows that this is dangerous for money. The newspapers write that inflation is imminent, even a currency reform – where money is deleted after all. For rescuing the banks, money is deleted in the end. What does this […]

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17 October 2008 ~ 0 Comments

Cricket – Sachin Tendulkar and the Subaltern

I love the contradiction and irony of this. Source: Times of India We have the greatest batsman in the history of cricket on the one hand, making history yet again by becoming the highest run-getter in Test Cricket. Juxtaposing that individual brilliance is the Sensex (Indian Stock Market) dipping below 10 K yesterday thanks to […]

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03 October 2008 ~ 0 Comments

What is meant by a Credit Crunch?

Confused by all the talks on sub-prime mortgage lending, credit crunches and the other financial lexicon flying about during the bailout? This illustration is a start:

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02 October 2008 ~ 0 Comments

Top 10 U.S. Bank Failures

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02 October 2008 ~ 0 Comments

A History of Federal Bailouts …

during the crisis of capitalism …

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