credit crisis
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End of the year or end of the world (as we know it)? By William Bowles
So perhaps in the final analysis, this is all for the good. Maybe now we’ll wake up to the reality of our lives, that lives that are spent working to do little more than consume is a fantasy. The real question is however, what are we going to do about it? Continue reading
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Economics 101 – Interesting times By William Bowles
24 October 2008 ‘May you live in interesting times’, traditional Chinese curse Being raised in a family of Reds has its pluses and its minuses, one of the minuses being a decidedly unworldly approach to economics. It was as if we already lived in a socialist world but of course nobody else did. The upshot Continue reading
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Lies, nothing but damn lies and then there’s the mass media… By William Bowles
The US, along with the UK via their military and economic control, especially over the financial and oil markets are directly responsible for the current crisis, a crisis compounded by the massive financial fraud perpetrated by the major banks and investment corporations, a fraud that ordinary working people are being forced to pay for. Continue reading