crisis of capital
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‘The Canary in the Coal Mine’: Sri Lanka’s Crisis is a Chronicle Foretold
Sri Lanka’s acute economic crisis and sovereign debt default, along with its people’s uprising in 2022, has drawn attention across the world. It is described as the ‘canary in the coal mine’, that is, a harbinger of the likely future for other global south countries. Eric Toussaint, spokesperson for the Committee for the Abolition of… Continue reading
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2005-22′: The crisis of western capitalism behind the left and far right radicalism
In a previous article we have tried to explain the rise of the extreme right in Europe, in its various forms, as a result of the deep crisis of world (western) Capitalism. The same is true of the rise of the radical left, where and when we witness it. It is simply impossible to understand what is… Continue reading
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Was COVID-19 a Cover for an Anticipated or Planned Financial Crisis?
20 August, 2020 — Global Research The internationalization of increased unemployment and poverty brought about in the name of combating the corona crisis is having the effect of further widening the polarization between rich and poor on a global scale. By Anthony Hall A major sign of financial distress in the US economy kicked in in Continue reading
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The Davos Reset 2021 Agenda of the World Economic Forum. A New Phase of Economic and Social Destruction?
On June 3, 2020, as a consequence of the “global health crisis”, the World Economic Forum WEF in Geneva announced a “unique twin summit” for January 2021 in Davos, Switzerland.(1) The theme should be “The Great Reset”. Continue reading
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A zoom discussion with Michael Roberts on the prospects for the world economy post-lockdown
This is a very topical discussion and one with which the Bank of England has engaged in. It projects a 14% fall in GDP this year (the most in 300 years) followed by a 15% jump next year. This means a net rise in GDP of 1% over two years. This bounce back could have… Continue reading
The New Dark Age 