Tag Archive
Merkels Wants Deflation for Europe
The Ossie whose understanding of economics is still blurred by Friedman and Hayek’s enthusiasm for deregulated markets and flat taxes is lambasting the Fed and the BoE for the heinous crime of quantitative easing: basically printing money like there’s no tomorrow to avert deflation and global depression.
Europe’s new Iron Lady is even criticizing Trichet [...]
A blog on the macroeconomic meltdown and radical fights for redistribution
THE GREAT RECESSION
(!new! check out this:
http://zoescope.wordpress.com/2008/12/22/comparing-usa-outlay)
Capitalism is in crisis. Neoliberalism is dead. Neoconservatism is deader.
We are in the Great Recession, the biggest slump since the Great Depression. And 2009 will see many more us unemployed and our wages slashed.
America, Europe, China, Russia, all the regions of the world are reeling from the consequences of the [...]