Alternative ways out of crisis | by Eric Toussaint

In the eye of the storm: the debt crisis in the European Union (7/7)In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint...

The crisis of our time | by Alex Callinicos

As it has remorselessly unwound, the global economic and financial crisis has passed through a succession of turning points. The first came when the credit crunch began in August 2007. Then there was the collapse of Lehman Brothers in September 2008, precipitating the...

Euro Bailout Failure | by 5 ducats

Have so many ever been so enthusiastic over a plan to beg, borrow, and steal $1.5 trillion? •Beg – Weaker European banks will have to raise over $100 billion in capital. •Borrow – Eurozone will borrow $1.4 trillion to bailout future sovereign and bank...