The rate of people taking their own lives is soaring in Europe at such a clip that the trend has given birth to a new media term: "Suicide by economic crisis."
Journalist Paul Mason covered the uprisings of 2011 as they occurred. His new book "Why It's Kicking Off Everywhere," explains why they all happened at once.
The stock market may be up, but for working people the global political economy is likely to remain in crisis for at least another three to five years.
Edward Harrison, Credit Writedowns. February 13, 2012.
As riots rage across Greece, financial blogger Ed Harrison outlines a proposal for the country's exit from an unworkable eurozone and the creation of a New Drachma.
Ian Traynor, Helena Smith, The Guardian. February 12, 2012.
Under a sea of banners denouncing further wage, pension and job cuts, tens of thousands of protesters chanted against "the occupation" of the country by foreign lenders.
Who could ignore the signs of change last year as the Tea Party’s no-nothing rejectionism gave way to a global outcry against economic unfairness and corporate exploitation?
If Goldman Sachs is a vampire squid, as Matt Taibbi so aptly named it, then hedge funds are like piranhas or sharks, eager to strip the financial carcass to the bone.
Sherle R. Schwenninger, The Nation. November 7, 2011.
The fate of the US economic recovery rests in part on whether Europe can keep its intertwined banking and debt crises from spiraling into full-fledged financial contagion.
Beyond the anti-Greek media campaign lies the story of a weary people caught between a corrupt political system and rapacious financiers. Sound familiar?
Given that the U.S. is a major arms seller to Greece, Clinton will encourage the Greeks to slash workers’ wages and pensions, but not its enormous military appetite.
Zach Carter, Nouriel Roubini, AlterNet. May 18, 2010.
The prominent economist explains why the model of the financial supermarket is a disaster, and why it's so dangerous that Wall Street is back to business as usual.
Greece's crushing debt has exploded into a full-blown crisis, with the country on the precipice of the unthinkable: the default of a sovereign nation. Thanks Goldman Sachs.
