Tag Archives: Economic Collapse

Richard D. Jehn : Moving Through the End of Growth

Transformation time. Image from Fluxed Up World.Moving through the end of growthand the collapse of the U.S. as we know it Welcome to the New World. By Richard D. Jehn | The Rag Blog | January 10, 2012 Although my … finish reading Richard D. Jehn : Moving Through the End of Growth

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FILM / Lamar W. Hankins : 2008 Economic Crash Was an ‘Inside Job’

The economic crash of 2008:An ‘Inside Job‘ By Lamar W. Hankins | The Rag Blog | November 8, 2011 A fair summary of the award-winning documentary Inside Job is this: The economic crisis that culminated in bailouts in 2008 was … finish reading FILM / Lamar W. Hankins : 2008 Economic Crash Was an ‘Inside Job’

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Barbara Ehrenreich & Bill Fletcher Jr. : Reimagining Socialism

Graphic from The Yellow Brick Road.Rising to the Occasion: Reimagining Socialism We see a tremendous opportunity in the bleak fact that millions of Americans have been rendered redundant by the capitalist economy and are free to dedicate their considerable talents … finish reading Barbara Ehrenreich & Bill Fletcher Jr. : Reimagining Socialism

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Financial Meltdown : The 12 Corrupt Deals That Caused it

Graphic from The Energy Source. $5 billion in lobbying for 12 corrupt deals caused the multi-trillion dollar financial meltdown. It got the finance industry lucrative legislative favors that paved the way for Wall Street’s devastating collapse. By Robert Weissman / … finish reading Financial Meltdown : The 12 Corrupt Deals That Caused it

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Loving: She’ll Be Comin’ ‘Round the Mountain

Cartoon by Charlie Loving / The Rag Blog

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Roger Baker on the Economy : Sick and Getting Sicker

Image: 1929 Rollin Kirby cartoon on Stock Market Crash, courtesy of Kiko’s House.‘At this point, even megadoses of federal stimulation are having little effect in restoring confidence and reflating the collapsing bubble of US capital investment.’By Roger Baker / The … finish reading Roger Baker on the Economy : Sick and Getting Sicker

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Our Economic Trainwreck : Trying to Get Back on Track

The Wrecked Economy: What has Been Done to Address ItBy Sherman DeBrosse / The Rag Blog / December 17, 2008 [This is the second of a three-part series on the economy by The Rag Blog’s Sherman DeBrosse.] When Secretary of … finish reading Our Economic Trainwreck : Trying to Get Back on Track

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US Household Worth Takes a Nosedive : How Do We Get Out of This Mess?

Updated December 17, 2008 Americans strapped for cash so they’re not spending; How will the government pay back all the cash it’s creating?By Roger Baker / The Rag Blog / December 16, 2008 See ‘Household Net Worth in U.S. Declines … finish reading US Household Worth Takes a Nosedive : How Do We Get Out of This Mess?

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Sherman DeBrosse : Our Economic Trainwreck

‘The financial crisis involves a great deal more than shaky home mortgagers. The key problem is that our financial markets have been deregulated and, lacking policing, have engaged in a massive speculative binge.’ By Sherman DeBrosse / The Rag Blog … finish reading Sherman DeBrosse : Our Economic Trainwreck

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Housing Crisis: 8 Million Foreclosures in 4 Years

Foreclosures could top 8 million: Credit SuisseBy MarketWatch / December 9, 2008 BOSTON — More than 8 million mortgages could go into foreclosure in coming years in the wake of the credit meltdown as the economy worsens and the U.S. … finish reading Housing Crisis: 8 Million Foreclosures in 4 Years

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Roger Baker : Getting a Read on this Economy Business

‘We can now observe that the creation of unlimited credit by unregulated investment banks, together with peak/near peak oil causing a steep oil price rise, is together enough to trigger a panicky deflationary spiral that has its own complex dynamics.’ … finish reading Roger Baker : Getting a Read on this Economy Business

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Robert Jensen : Real Hope: Facing Difficult Truths About an Uncertain Future

Photo: ‘Contemplating an Uncertain Future’ by Phil Bebbington.‘If there is to be a decent future for humanity — indeed, any future at all — we must face painful realities with intellectual honesty and moral strength.’By Robert Jensen / The Rag … finish reading Robert Jensen : Real Hope: Facing Difficult Truths About an Uncertain Future

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