ESCAP, Bangkok, 21 August 2009 – Nobel laureate professor Joseph Stiglitz’s lecture on United Nations System and the economic crisis: towards a new global financial and economic architecture delivered at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok 21 August 2009. Introduction by Ms Noeleen Heyzer, UN Under-Secretary-General and Executive Secretary of ESCAP. Press Release: www.unescap.org
The Democrats and Obama caused the financial crisis of 08 by supporting Fannie Mae and Freddie Mac and covering up their bad books. Elect Obama, your democratic Senator and Congress person and we will have THE NEXT GREAT DEPRESSION.
An Argentine opinion on the Global Financial Crisis, describing the whole Global Financial System as one vast Ponzi Scheme. Like a pyramid, it has four sides and is a predictable model. The four sides are: (1) Artificially control the supply of public State-issued Currency, (2) Artificially impose Banking Money as the primary source of funding in the economy, (3) Promote doing everything by Debt and (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode …
www.btang.net Matthew Stein discusses the importance of preparing for a post peak oil and economic collapse world. When Technology Fails by Matt Stein. Part 2 of 3.
Bloomberg wants to keep Americans from knowing the truth about how the bankers are looting the country. The version of this video seen outside the US and UK includes a Bloomberg interview with Ron Paul. In the interview the Bloomberg talking head tries to insinuate that there is no financial/economic problem in the US. Dr. Paul sets her straight. We find it interesting that Bloomberg and You Tube tried to block this video when it was about to flip over 10000 views. We did not edit …
This week Dominique Strauss-Kahn, the head of the IMF, said that the global financial crisis is still “far from over”. Sir David talks to Tommaso Padoa-Schioppa, a former Italian finance minister and one of the minds behind the creation of the euro, about the latest on the credit crunch.
Barack Obama, the US president, is expected to unveil a plan aimed at preventing the global financial crisis from worsening. The blueprint will impose broader government oversight on the nation’s banking system and create new agencies to regulate banks. From New York, Al Jazeera’s John Terrett reports on what is being called the most sweeping overhaul of financial rules since the Great Depression.
