Showing posts with label Financial Crisis. Show all posts
Showing posts with label Financial Crisis. Show all posts

April 10, 2013

Before Next Crash, Create Finance System That Serves Public, Part I: Shrink, Regulate Banks, and Enforce Law

Before Next Crash, Create Finance System That Serves Public, Part I: Shrink, Regulate Banks, and Enforce Law
"Big finance - the too-big-to-jail banks that dominate the economy and government - is designed for financiers and does not benefit most people. That is why many are in rebellion against the looting class of Wall Street."

There's Only One Real Option for Averting Economic and Ecological Ruin -- So Why Aren't We Talking About It? | Alternet

There's Only One Real Option for Averting Economic and Ecological Ruin -- So Why Aren't We Talking About It? | Alternet
"The world will face limits to energy production in the decades ahead regardless of the energy pathway chosen by policy makers."

The Wall Street Ticking Time Bomb That Could Blow Up Your Bank Account | Alternet

The Wall Street Ticking Time Bomb That Could Blow Up Your Bank Account | Alternet
"The big risk behind all this is the massive $230 trillion derivatives boondoggle managed by US banks."

September 13, 2012

New Report Finds Financial Crisis Cost Economy $12.8 Trillion

New Report Finds Financial Crisis Cost Economy $12.8 Trillion: The U.S. is still struggling to claw out of the hole created by the Great Recession, the Wall Street-caused crisis that resulted in the loss of millions of jobs. According to a new report from Better Markets, a pro-financial reform organization, the crisis cost Americans about $12.8 trillion in lost economic output: – Estimated actual [...]/p