09 November 2006


Mike Whitney predicts economic downfall...


Blogger Algernon said...

Aaaaauuuuggghh!!! I don't know what else to say right now.

7:41 AM  
Blogger Samuel said...

Neoliberalism is the last stage of capitalism, the stage we are experiencing right now. The neoliberal machine has created problems that it itself cannot solve. One of these problems is the imbalance in the financial sphere -- you have a glut of capital, of surplus labor, of debt, and of dollars, continually looking for a place to play in a global economy which has slowed down significantly since the boom era of the 1960s. Don't be surprised if the system experiences disruption now and then.

9:59 AM  

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