Category: financial crisis

economics financial crisis The Corporation the future US economy
January 4, 2009

US in Depression

The Economist magazine has diagnosed that the US economy is in a depression , not a recession. While the throngs of journalists, publicists, politicians and other folks are loathe to confess that North America has entered the greatest recession on record, I commend the Economist for having the balls to finally show it like it is, even if they’re still very indirect about it. Now […]

Canada economics financial crisis interflation The Corporation US economy
December 28, 2008

You Can’t Fight the Tsunami of Structural Change

Structural change is upon us.  Our leaders can’t fight it.  As they embarass themselves with bailout after bailout, they fail to stop and look at what’s happening around them. Structural change is an inherent decrease in demand for stuff we don’t want.  In fact, we don’t even think we need it any more, mainly because the tools of demand generation (mainstream publishers and marketing agencies) […]

Canada economics financial crisis
December 22, 2008

Stimulus for ALL Sectors

Hi everyone, I’ve copy/pasted below a letter from Tonya Surman and Peter Clutterbuck of the Ontario Non-Profit Network.  It’s imperative that we do everything we can to encourage Jim Flaherty and all of the other folks who will have an impact on the Jan 27 economic stimulus package to consider helping the non-profit, charity and co-op sectors. Here’s their letter: Please forward this email to […]

BASH bloggers against stephen harper Canada canadian election disaster capitalism economics financial crisis Politics Steve
November 30, 2008

Great Depression by 2011

And now for some really good news.  Well, I tried. This article offers a fairly complete list of reasons why we should at least expect zero growth for the next three years.  When our MA in Economics leaders claim that they couldn’t see it coming, I’ll feel like I’ve fulfilled my public duty by warning them here first. It’s the least I can do. Now, […]

BASH bloggers against stephen harper Canada canadian election corruption financial crisis shock
November 30, 2008

Iceland Riots: Precursor for What’s to Come?

Last week, the people of Iceland broke into riot in protest of the direction that their government was taking in wake of the ‘financial crisis’.  More here . I think they reached the tipping point in being told a spew of BS about the need to tighten our belts etc etc etc. I think sometimes we give neo-cons for thinking too far ahead.  In fact, […]