Financial

Radical insight and explanation from *Waldon Bello*.…

At the irrelevant 'Bretton Woods II' conference in Washington in a couple of weeks' time, the elephant in the room is the disastrous performance of the IMF, World Bank and WTO…

A recent farewell letter by famed hedge fund manager Andrew Lahde, gives an interesting insider’s perpsective into the financial crisis…

The US National Debt Clock – a fixture at New York’s Times Square for over twenty years – has recently run out of numbers to display the correct level of national debt which now exceeds a mind-boggling $10 trillion.…

It’s funny, but has it struck anyone how amazing it is that incapitalism’s latest crisis, governments can suddenly find billions,nay, trillions of dollars to buy out the ailing banks? All withtaxpayers’ money of course.…

As we all struggle to get to grips with all the implications of the financial crisis as it unfolds, there are a couple of websites that provide good points of reference.…

It's a tangled web the hidden hand of the market weaves when it practices to deceive. There is no alternative to the alternatives…

Some random thoughts on how the crisis migrated from 'Third' to 'Second' and now 'First' worlds - and has run out of runway...…

We're all struggling day by day to make sense of the mayhem in themarkets - neoconservative governments discovering the virtues ofnationalization, speculators' bubbles finally bursting, doom-mongerswho have been predicting the collapse of capitalism for decadessuddenly worrying about their own pensions and mortgages when itarrives……

If you suspect it is not just Wall Street that is causing the crunch, or millionaires in the US who can now save the world by paying back their tax cuts, here's another better idea.…