Dexia and bailing out the banks | by Michael Roberts

Dexia and bailing out the banks | by Michael Roberts

The large Belgian Bank, Dexia, went bust over last weekend.  It provides a lot of pointers about the role of banking and how it fits into this crisis.  Dexia was bailed out before at the height of the financial crisis in 2008.  Then the Belgian and French governments...

Job protection leads to shrinking workforce

Brian Kantor, the chief strategist and economist at Investec Wealth and Investment, responds to the debate about wages and productivity between Dick Forslund from AIDC, Simon Eppel from SACTWU and Loane Sharp from Adcorp (published in Business Report, December 13, 14...