great recession

Will the Next Global Financial Crisis Begin in the Developing World?

Will the Next Global Financial Crisis Begin in the Developing World?

October 1, 2018

Malaysian economist Jomo argues that the central banks of the developed world created so much liquidity that they flooded developing countries’ economies with capital and now any financial hiccup could cause severe problems

De-Regulation, De-Supervision, and De-Criminalization Set the Stage for the 2008 Financial Crisis

De-Regulation and De-Criminalization Set the Stage for the 2008 Financial Crisis

September 20, 2018
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 of the Lehman Brothers collapse

Wage Pressures, Falling Commodity Prices Spell Trouble for the Global Economy

January 15, 2016

With no recovery in the Eurozone and the whole of Eastern Europe in trouble, greater turmoil in Asian economies could bring the world economy to a critical moment, says economist Heiner Flassbeck

Who Is the Unsung Hero of the $7 Billion Citigroup Settlement?

July 15, 2014

Bill Black says that a just settlement would include criminal prosecution of senior Citigroup officials who led the fraud and covered it up

Why Did Economy Shrink So Dramatically During the First Quarter of 2014?

June 26, 2014

Robert Pollin: Five years after the Great Recession, austerity as the dominant policy agenda is keeping the recovery weak

Saving American Cities

May 22, 2014

Robert Pollin: If the Fed was serious about strengthening the basic economy, it would bail out American cities

The European Central Bank’s War on Wages is Pushing Europe’s Economy to the Brink

April 2, 2014

Bill Black: The media has failed to report on the causes and possible solutions for Europe’s deflating economy

Deficit Is Falling Because Of Government Austerity, Not Economic Recovery

March 2, 2014

Economist Stephanie Kelton says there is no long-term debt or deficit problem in the United States