Tags » Financial Crisis

'We chose democracy & human rights over banks' - Iceland president to RT

As Iceland’s banking system went into meltdown at the start of the global financial crisis, it came under enormous pressure from the rest of Europe to accept crippling austerity measures that would have burdened its people for generations to come. 66 more words


Poem: Faceless Men is Suits

Wrote this one a couple of months back in my lots of poems coming through phase :) #Gaza #Ebola #Inequality #EconomicCrisis etc, etc, etc

These faceless men in suits… 170 more words


Public trust in U.S. has dwindled with rise in income inequality

Science Daily reports:

‘Trust in others and confidence in societal institutions are at their lowest point in over three decades, analyses of national survey data reveal. 78 more words


Piketty’s prophecy comes true: The planet’s middle class is rapidly going extinct

Lynn Stuart Parramore writes for AlterNet:

‘According to a new report, the richest one percent have got their mitts on almost half the world’s assets. Think that’s the end of the story? 117 more words

Financial Crisis

Business as usual: de-mystifying the mysterious City of London

Oranges and lemons,
Say the bells of St. Clement’s.

You owe me five farthings,
Say the bells of St. Martin’s.

When will you pay me? 649 more words

Cities Like Dreams

No, regulators did not break the bond market

Ever since last week—when Treasury yields for 10-year debt fell 20% in about six minutes—bond market watchers have been scratching their heads trying to figure out what happened. 706 more words


Solution to the problem of credit rating agencies

In the previous post I described the business model of credit rating agencies and the inherent flaw in it. To know more about it please refer my previous post from the link given below: 527 more words

Credit Rating