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On AlterNet: economic collapse

Stories, blog posts, and videos tagged as "economic collapse"

How Far Down the Economic Hole Are We Headed?

How Far Down the Economic Hole Are We Headed?

Frank Rich, The New York Times. February 23, 2009.
No one knows, of course, but a bigger question may be whether we really want to know.

The U.S. and UK Are on the Brink of Debt Disaster

The U.S. and UK Are on the Brink of Debt Disaster

Ed Kemp, Reuters. January 24, 2009.
Soft measures won't cut it: We need widespread corporate defaults, debt write-downs, and inflation to reduce the burden of what we all owe.

Yard Sale Nation: The Change Required to Salvage U.S Society Runs Much Deeper Than Most Imagine

Yard Sale Nation: The Change Required to Salvage U.S Society Runs Much Deeper Than Most Imagine

James Howard Kunstler, Kunstler.com. January 21, 2009.
Say goodbye to the 'consumer society.' Familiar touchstones of contemporary American life have to go. No more fast money and no more credit.

Krugman: We're in for a Year of 'Economic Hell'

Krugman: We're in for a Year of 'Economic Hell'

Staff, Huffington Post AlterNet: PEEK. December 22, 2008.
"Things can't just go back to the way they were before the current crisis. And I hope the Obama people understand that."

Wall Street Takes Welfare It Begrudges to Ordinary Americans

Wall Street Takes Welfare It Begrudges to Ordinary Americans

Mimi Abramovitz, Women's eNews. September 25, 2008.
Why is it that the rich and reckless accept "welfare" for themselves while rejecting it for those who need it most, particularly woman.

Fannie, Freddie and the Threat of Economic Meltdown

Fannie, Freddie and the Threat of Economic Meltdown

Paul Krugman, The New York Times. July 15, 2008.
Fannie Mae and Freddie Mac are in the headlines, with dire warnings of imminent collapse. How worried should we be?