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Tag Archives: World Economy
Haiti Needs More Than Words from the U.S.
Haitian suburb. See video below. Haiti needs U.S. support for democracyBy Ansel Herz / The Rag Blog / May 1, 2009 Secretary of State Hillary Clinton stood on the floor of a textile factory in Port-Au-Prince, Haiti, earlier this month … Continue reading
Posted in RagBlog
Tagged Caribbean, Obama Administration, Poverty, United Nations, World Economy
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Democracy’s Turn : Bankers of the World, Untie!
“Can’t Anyone Untie Us?” by Francisco de Goya. When we voted for change last November we weren’t talking about pennies on the dollar. Bankers of the world, untie! By Greg Moses / The Rag Blog / April 24, 2009 It … Continue reading
Roger Baker : The Reality of ‘Peak Oil,’ Part 2
ASPO USA. Peak Oil is the point at which the total world oil production reaches its high point and finally starts to decline… We at last have some pretty convincing data to indicate that world oil production probably peaked forever … Continue reading
Posted in Rag Bloggers
Tagged Financial Crisis, Fossil Fuels, Oil Production, Peak Oil, World Economy
4 Comments
Roger Baker : The Reality of ‘Peak Oil,’ Part 1
ASPO Ireland. Peak Oil is the point at which the total world oil production reaches its high point and finally starts to decline… We at last have some pretty convincing data to indicate that world oil production probably peaked forever … Continue reading
Posted in Rag Bloggers
Tagged Financial Crisis, Fossil Fuels, Oil Production, Peak Oil, World Economy
3 Comments
David P. Hamilton : Sea Change
Sea Change. Future debates will be over how fast and how far to push change, primarily involving the conversion of private to public, not whether change is desirable. Maintaining the status quo is almost an irrelevant position. By David P. … Continue reading
Roger Baker : Getting a Read on this Economy Business
‘We can now observe that the creation of unlimited credit by unregulated investment banks, together with peak/near peak oil causing a steep oil price rise, is together enough to trigger a panicky deflationary spiral that has its own complex dynamics.’ … Continue reading
Posted in Rag Bloggers
Tagged China, Economic Collapse, Economic Crisis, Financial Crisis, Fossil Fuels, Peak Oil, Recession, World Economy
2 Comments
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Financial Crime Scene: Fingering the Perps
This is a very well-written and provocative article by a longtime Treasury Department analyst. It was originally delivered as a speech on Nov. 15, 2008, the first day of the G20 economic summit, at George Mason University in Fairfax, Virginia. … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Banking, Bush Administration, Economic Crisis, Economic Democracy, Economy, Federal Reserve, World Economy
1 Comment
Visualize Industrial Collapse Dept.
Propping up Capitalism…‘A hundred billion in federal guarantees here, a trillion there, it all adds up.’By Roger Baker / The Rag Blog / October 7, 2008 Don’t focus on the Dow too much. More important is probably how Bernanke is … Continue reading
Posted in Rag Bloggers
Tagged Capitalism, Economic Collapse, Economy, Financial Crisis, Wall Street Bailout, World Economy
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Noam Chomsky on Latin American and Caribbean Unity
Presidents Evo Morales of Bolivia and Hugo Chavez of Venezuela. Photo by Alizar Raldes / AFP / Getty Images.‘The initiatives taken in Venezuela have had a significant impact throughout the subcontinent, what has now come to be called “the pink … Continue reading
Posted in RagBlog
Tagged Caribbean, Evo Morales, Hugo Chavez, Latin America, Noam Chomsky, Social Change, Socialism, World Economy
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Harry Reid: "No One Knows What to Do"
The Point of No ReturnBy Mike Whitney / September 19, 2008 Following another eratic day of trading on the stock market, Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke convened an emergency meeting of the Senate Banking Committee … Continue reading
A Nightmare on Wall Street
The credit crunch is morphing from an American-centred financial crisis into a global economic crisis,” says David Bowers of Absolute Strategy Research… ‘Borrowing our way to prosperity’By Roger Baker / The Rag Blog / August 29, 2008 Damnation! The problems … Continue reading
Posted in Rag Bloggers
Tagged Credit, Economic Collapse, Economy, Finance, Wall Street, World Economy
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Why Can We Not Do Something About Poverty?
Kabul street childrenWorld poverty ‘more widespread’By Steve Schifferes / August 27, 2008 Tackling global poverty requires both public and private investment The World Bank has warned that world poverty is much greater than previously thought. It has revised its previous … Continue reading
