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Banks bluff in a completely legal way

Part 8 of Eric Toussaint's series Banks Versus The People: The Underside Of A Rigged Game!... [read more]

A journey into the vice-ridden world of banking

The primary objective of the world’s leaders is to avoid another banking and financial crash that could be worse than the one in September 2008... [read more]

The Money Gusher

The oil industry’s decommissioning costs will dwarf those of nuclear power. The money being made now should be put aside to meet them, writes George Monbiot.... [read more]

A Crisis Worse than ISIS? Bail-Ins Begin

While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US... [read more]

EU Showdown: Greece Takes on the Vampire Squid

Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken... [read more]

What can we do with what Thomas Piketty teaches us about capital in the twenty-first century? (Part 2 of 2)

Part 2 of Eric Toussaint's review of Thomas Piketty book Capital in the Twenty-First Century... [read more]

Saving Illinois: Getting More Bang for the State’s Bucks

Illinois is teetering on bankruptcy and other states are not far behind, largely due to unfunded pension liabilities; but there are solutions.... [read more]

The Public Debt of Japan and China – Funded by Investment Credit Creation or by Foreign Borrowing?

Economist George Tait Edwards puts paid to rumours of impending financial crises in Japan and China... [read more]

Banks versus the People: The Underside of a Rigged Game! (Part 1)

Eric Toussaint looks at 2007-2012: Six years that shook the banking world... [read more]

Central Bank Digital Currencies: A Revolution in Banking?

Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies... [read more]

The Banks, Fragile Giants

Part 5 of Eric Toussaint's series Banks versus the People: the Underside of a Rigged Game shows that big banks continue playing with fire, because they are persuaded that governments will save them whenever necessary... [read more]

The Bank Guarantee That Bankrupted Ireland

The Irish have a long history of being tyrannized, exploited, and oppressed—from the forced conversion to Christianity in the Dark Ages, to slave trading of the natives in the 15th and 16th centuries, to the mid-nineteenth century “potato famine” that was really a holocaust... [read more]

Grexit or Jubilee? How Greek Debt Can Be Annulled

The crushing Greek debt could be canceled the way it was made – by sleight of hand... [read more]

Growth: the destructive god that can never be appeased

The blind pursuit of economic exapansion stokes a cycle of financial crisis, and is wrecking our world. Time for an alternative, writes George Monbiot.... [read more]

Oil, Blood, Confusion, Fear: Fuelling The British Public's Appetite For War

Back in 2003, Tony Blair stated that Saddam Hussein could hit Britain with a missile within 45 minutes. He also said that Iraq possessed weapons of mass destruction... [read more]

Embracing the Working Time Directive

Karl Davis has some advice for David Cameron... [read more]

The Struggle Continues

Despite David Cameron's attempt to brush the November 30th strike under the carpet and continue with his attacks on the poorest, John Wight predicts that strong resistance to the cuts will continue.... [read more]

The Corporate Welfare State

Despite the crisis, it’s still socialism for the 1 per cent, capitalism for the rest.... [read more]

Chimes At Midnight: Football in Crisis

Ordinary fans are being ripped off by the unfettered greed of modern footbal, writes Steve Jones.... [read more]

Banks in Crisis? Take them Over

With politicians and financial experts grasping at straws in their efforts to resolve the worst economic crisis in decades, Mick Brooks outlines the case for the nationalisation of the banking system.... [read more]

Financial Meltdown Deepens

In the wake of the collapse of Lehman Brothers, Michael Roberts examines the present financial slump. ... [read more]

Financial Chaos Coming on London Tube

The RMT's Rick Grogan on the disastrous financial management of London's part-privatised transport system.... [read more]