Economic Madhouse video
Renegade Economist Press Conference
Karl Fitzgerald
Karl Fitzgerald was the former Director of Research at Prosper Australia for 18 years. He now leads Grounded Community Land Trust Advocacy.
$45 Trillion Wipeout – Harrison
Following this excellent clip, you must read why – Boom Bust 2010 (scroll down) and understand how we can avoid this situation in the future.
Rudd Bails out the Wealth Gap
photo credit: mdumlao98 Prime Minister Rudd’s $10bn ‘economic security strategy’ is another blinkered response. A decade of record economic growth has done little for the aussie battler. Record prices for iron ore have cascaded into the deepest pockets in the…
The Tale of the Wealthy Bludger
photo credit: Celeste33 Anne Schmid We do not blame the poor for being poor, or suggest that it is because they are lazy or incapable of earning a living. Likewise, is it altogether hard work and enterprise that has made…
Great Depression heading our way – Mason Gaffney, Steve Keen
Now you’ve seen Steve Keen deliver a damaging analysis on the 7.30 report, listen to Professor Mason Gaffney call a Great Depression (on yesterday’s Renegade Economists) and why current economic policy will only prolong the negative outlook. Dr. Michael Hudson…
Asset Bubbles always end in tears..
photo credit: sekundo Throw out the theory! That’s what policy makers are doing world-wide. From neo-liberalism to neo-handouts, one must ask what has happened to confidence in free market theory? Which leader in the western world will stand up? Failure…
Prime the Printing Press
photo credit: PhotoGraham That is the call as the bankers bailout of US$700bn gets rejected by US Congress. Meanwhile the US Fed has the printing presses running at just about as much – US$630bn. Kohler says: Essentially Congress has ensured…
Next Bailout – Hollywood!
One can only laugh when such a blatant shock doctrine exercise as this bailout tries to get through. If only some Hollywood stars were included then the bankers bailout might work. Warren Buffet should know better. A forensic investigation must…
Can the US Treasury learn from mistakes?
photo credit: betta design The $840bn bailout of US banks provides the US Treasury with a unique opportunity. Will the as yet unnamed new Federal agency (which we will call the Bailout Agency), charged with the responsibility for selling off…
Bailout brings US Hegemony to its knees
photo credit: amirjina Can someone please write in their diary June 2024? Because that’s when we are going to start warning about the next big bailout for bankers. If we do not learn from the horrors of this downturn and…