Tag: economic crisis
The Next Global Financial Crisis is Inevitable (Pt 1/2)
It has been ten years since the last major financial crisis. With systemic deregulation undoing the safeguards, we are due for another crisis very one soon. Thomas Hanna, research director of the Democracy Collaborative’s Next…
The Left Must Get Ready to Seize the Next Financial Crisis? (Pt 2/2)
Instead of bailing out banks when the next global financial crisis hits, we need to be prepared to nationalize them and create a public banking sector, which will not only be a way out of…
Countries Alarmed Over Venezuelan Migration Forget History of Venezuela’s Acceptance of Migrants
As governments in Latin America hold emergency meetings to discuss how to curtail the influx of Venezuelans escaping their country’s economic crisis, they forget how Venezuela for the longest time took in economic refugees escaping…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 3/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 2/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 1/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
The Roots of Venezuela’s Economic Crisis
As US sanctions against Venezuela take an ever-greater toll on the country and its people, it is important to understand how the sanctions work and the extent of the damage they have caused, say Steve…
The Origins of Venezuela’s Economic Crisis
Venezuela has become a popular argument against socialism amongst conservatives because of the deep economic crisis it is currently traversing. Defenders of the Bolivarian project, though, say that US sanctions and economic war are to…
Why Many Venezuelans Are Still Chavistas
Despite the dramatic economic crisis and the constant political conflict in Venezuela, there still is a significant proportion of the population that consider themselves to be “Chavistas.” Ed Augustin examined some of the reasons for…
Venezuelan Families Build Solidarity Amid Crisis
Once a month, 181 families in Caracas, Venezuela, collectively buy tons of produce, directly from a cooperative in Lara state, five hours away. The project, known as Alpargata, shows how the economic crisis is also…
Venezuelans Transition from the Bolivar to the US Dollar
Venezuelans in the nation’s capital of Caracas are sidestepping the bolivar—the country’s local currency—in favour of the US dollar. This trend appears to be on the rise as Venezuela’s currency crisis worsens. Subscribe to our…
Why Is There a Boom in CEO Resignations?
CEO resignations reached an all-time high in 2019. Is the corporate model of management fundamentally changing? We speak to white collar criminologist Bill Black. Director/Video Editor: Bababtunde Ogunfolaju Audio Engineer: Will Arenas Visual Producer: Andrew…
1.7 Million Jobs In Arab Region At Risk From Coronavirus
A UN brief warns about economic collapse, expecting a $42 billion decline in GDP and trillions of dollars lost to the private sector in an area already ravaged by inequality, dependency on oil revenue, and…
How The IMF Can Help The Global South Cope With Imminent Economic Crisis
The International Monetary Fund has a rarely used mechanism that could alleviate the economic crisis faced by the Global South in the wake of COVID-19. Director/Video Editor: Bababtunde Ogunfolaju Chase Producer: Genevieve Montinar Subscribe to…
The Debt Delusion: This Is Not The Time To Worry About Deficits
Economist John Weeks says his new book, “The Debt Delusion: Living Within Our Means and Other Fallacies,” applies to the coming economic crisis caused by the coronavirus outbreak. Director/Video Editor: Will Arenas Chase Producer: Genevieve…