Far from wallowing in squalor, the super-rich have been raking it in since the rest of the world had to radically downscale its life expectations in the aftermath of the Great Recession. In 2011 total global wealth exceeded figures recorded before 2007, although...
bailouts
Fact sheet: How the wealthy are doing in the post financial crisis era
Far from wallowing in squalor, the super-rich have been raking it in since the rest of the world had to radically downscale its life expectations in the aftermath of the Great Recession. In 2011 total global wealth exceeded figures recorded before 2007, although...
Debt, uneven development and capitalist crisis in South Africa: The first 200 years By Patrick Bond, University of KwaZulu-Natal, South Africa
Presented to the ‘Repoliticizing Debt’ conference Queen’s University Development Studies, Kingston, Canada, 30-31 May 2012 Introduction It is now conventional wisdom amongst political economists that accumulation crisis, geopolitical maneuvres and financialization...
Inching towards default in Europe | by James Meadway
EU ministers have delayed payment of an €8bn loan disbursal to Greece after the PASOK government admitted it would not meet deficit targets. Without the money, the Greek state may not be able to pay its workers over the next month. These targets were set as part of...



