Showing posts with label debt crisis. Show all posts
Showing posts with label debt crisis. Show all posts
19 October 2013

Deconstructing Austerity I. Money

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The narrative of austerity as proposed by Osborne and his cronies is that our huge national debt is the responsibility of feckless Labour po...
2 comments:
23 October 2012

Is the US About to Default?

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There was just too much going on in the IMF report I blogged about yesterday to cover it all. However, one of the most interesting paragr...
2 comments:
4 October 2012

More Links to Germany

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As the parallels with the 1930s grow stronger, another commentator has written an article drawing attention to the way Germany was treated i...
8 June 2012

Enough to Bury a Skyscraper?

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If, like me, you are tired of hearing the same old simplistic dichotomy between austerity and growth you will enjoy the new retrospective o...
1 comment:
5 May 2012

Who Owes Whom?

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I spent my Easter weekend this year in an exciting meeting of social movements focused on rejecting the debt at source: on conducting a ser...
3 March 2012

Can't Pay Won't Pay

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It was three years ago that I first used this title in an article I wrote for the Welsh left magazine Celyn (it means holly). Back then I ar...
1 comment:
16 November 2011

Argentina Learns not to Pampa Financiers

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As the credit noose tightens, it is not surprising that commentators are seeking examples of countries who found their way out of unrepayabl...
1 comment:
13 July 2011

Repudiating Odious Debt

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The frustrating reality of the situation we face in this unwarranted Age of Austerity is the difficulty of turning the anger against the ban...
24 November 2010

Money on the Move

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It would be nice to portray David Malone as an Everyman, stumbling disbelieving through the financial crisis and documenting his rising conf...
1 comment:
5 August 2010

Laughing all the way . . .

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So the banks are in profit again, and this is apparently a cause for celebration. The number of questions being begged by the mainstream med...
26 March 2010

Who is rating whom?

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What exactly are the credit-rating agencies up to? I've been intrigued by the debates about who in the world economy is really behaving ...
1 comment:
7 October 2009

The End of Hegemoney?

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Now that the cracks caused by the earthquake that struck the global economy last year have been papered over to the satistfaction of most ca...
29 June 2009

Once More Unto the Brink?

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The world has fallen silent on the issue of the financial collapse. This blog included, interest has moved elsewhere. Perhaps we are all hop...
24 February 2009

When is a risk not a risk?

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Today the the talk is all of the additional money we are now required to find in the future to pay for the past mistakes of banks. This time...
22 February 2007

Robbing hoods

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The fact that, as a national economy, we operate with a large and growing level of debt is now accepted as being unproblematic. Yet, as well...