Tags » Financial Crisis

The Big Short -- Michael Lewis

Hey there,

It took me a long time to read this book because so many things got in the way. The first time I tried reading the physical copy, I ran out of time and had to return it to the library. 788 more words

Book Review

Book review. Media Amnesia: Rewriting the Economic Crisis by Laura Basu

Book review. Media Amnesia: Rewriting the Economic Crisis by Laura Basu
by Ian Sinclair
Peace News
December 2018-January 2019

This is an essential read for anybody – activists very much included – who wishes to gain a deeper understanding of the 2007–2008 economic crash and its subsequent political after-shocks, from the election of Donald Trump in the US to Brexit and rise of Jeremy Corbyn in the UK. 427 more words

Media

Transparency and the (E)valuation of Asset-Backed Securities

In 2011, the commission appointed by Congress to investigate the causes of the financial crisis concluded that “a combination of excessive borrowing, risky investments, and lack of transparency put the financial system on a collision course with crisis” ( 1,325 more words

Securities Regulation

The rapidly exploding U.S. national debt is about to cross another critical threshold. According to the U.S. Treasury, the debt of the federal government is currently sitting at $21,854,296,172,540.94, and at our current pace we will likely hit the $22 trillion mark next month.

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US Politics

Looking at Vienna, 1.0, 2.0 ... and 3.0?

Phil spoke to a number of senior figures who were, or are close to the issues involved in seting up the Vienna Initiative. This was the collaboration betwen international institutions and banks to ensure that the 2009 global financial crisis did not spill over into central and eastern Europe. 84 more words