World-News

By John Brinsley

Roubini, who predicted the current financial crisis in 2006, said the economy risks falling into "a self-fulfilling animal spirit recession that is more severe than otherwise" because of the collapse of credit markets and weak consumer and corporate spending.

http://www.informationclearinghouse.info/article21107.htm



Our Choice

By Nouriel Roubini

If the private sector does not spend and/or cannot spend, old-fashioned traditional Keynesian spending by the government is necessary. It is true that we already have large and growing budget deficits; but $300 billion of public works is more effective and productive than spending $700 billion to buy toxic assets.

http://www.informationclearinghouse.info/article21106.htm



What Will YOU Do About The Worst Capitalist Crisis Since The 1930s?

Uniting & fighting back is no longer a choice; it's a matter of survival

By Larry Holmes

Working and poor people, devastated by the depression, entered the 1930s destitute, broken and hopeless. Yet by the time the decade was over, the working class had won great battles, first by organizing itself into Unemployment Councils and tenants unions and later into giant labor unions.

http://www.informationclearinghouse.info/article21109.htm



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