Debt Crisis

November 4, 2011

Egypt and the IMF: ‘Topple their debts’ By Eric Walberg

“Just servicing Egypt’s debt costs close to $3 billion a year, more than all the food subsidies that the IMF harps about, more than our health expenditures,” Gamal said angrily. “We are burdened with a $35 billion debt to foreign banks, mostly borrowed under the Hosni Mubarak regime, none of it to help the people.” Continue reading

Egypt

conference, corruption, debt, Debt Crisis, Egypt, Eric Walberg, Hosni Mubarak, IMF, revolution, Tunisia
August 19, 2011

Information Clearing House Newsletter 18 August, 2011: Debt Crisis is Just a 'Prelude to War'

18 August, 2011 — Information Clearing House Shadow Warriors: Movin’ On Up By Conn Hallinan The U.S. is embarking on a military sea change that will replace massive deployments, like Iraq and Afghanistan, with stealthy night raids, secret assassinations, and death-dealing drones. Its implications for civilian control of foreign policy promises to be profound. http://www.informationclearinghouse.info/article28877.htm Continue reading

Information Clearing House

Crisis, Debt Crisis, drones, Gaza, Israel, Libya, Pakistan, Palestine, Syria, Turkey, Venezuela, Video
July 6, 2011

Video: Debtocracy

For the first time in Greece a documentary produced by the audience. “Debtocracy” seeks the causes of the debt crisis and proposes solutions, hidden by the government and the dominant media. English subtitles. Continue reading

Greece, Videos

austerity, debt, Debt Crisis, EU, Greece, IMF, Video
May 20, 2011

Germany and the Eurozone Sovereign Debt Crisis: the Lessons of History By Hugo Radice

In the short term, forcing the repayment of debts through savage cuts in public expenditure is having exactly the consequences that Keynesian economics predicts: slashing public sector employment and incomes leads to a worsening of the public sector deficit, as tax revenues fall Continue reading

Capitalism, Europe

austerity, bank, Crisis, debt, Debt Crisis, deficit, EU, Eurozone, Financial Times, Germany, Socialist Project

BOYCOTT TWITTER & FACEBOOK

The richest 1% owns more than TWICE as much wealth as 6.9 billion people and the super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report. The world’s richest 1% emit double the carbon of the poorest 50%, the 2020 Oxfam study found.

Pat Robinson

A Revolutionary Black Molecule

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