It’s no secret that we’re big fans of Michael Zweig here on Dublin Opinion. Below is a two-part interview with Zweig, conducted with Bill Moyers. It took place in October, around the time of the American bail-out - now under review as the American Treasury wakes up to the fact that it’s going to have […]
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Posted in capitalism on Oct 18th, 2008 No Comments »
Klassekampen: To what can capital turn now? Will it generate another bubble in even “safer” areas, such as natural resources? Food? I must admit that western financial capital does not seem to be very geographically expansive at the moment, but could this change?
JBF: I don’t think capital has anywhere to turn in […]
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Posted in capitalism, Economy on Oct 10th, 2008 No Comments »
In August 2007, the Al-Jazeera program People & Power ran a special report from Max Keiser about the Icelandic currency speculation bubble. Based on the carry trade, Keiser explained how the Icelandic economy was heading for a massive fall, and it did not have to do with toxic loans or sub-prime derivatives, simply good old […]
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