The Resilience Imperative: Cooperative Transitions to a Steady-state Economy

 by Michael Lewis & Patrick Conaty, New Society Publishers, 2012, ISBN: 9780865717077      Review by Shann Turnbull, EMM Advisory Board member and source of some of the ideas cited in the book. The Resilience Imperative is a must read for both leaders and followers seeking survival of society. The book …

America, Enjoy the Downward Slide

“We at Ethical Markets welcome THE GLOBALISTS’s excellent series on reforming the globalization of finance , especially Lord Megnad Desai’s essay.” Hazel Henderson, Editor The daily online magazine on the global economy, politics, culture and history August 17, 2012 Singapore’s Message for Today’s America President Obama may have deeply offended …

The European Stabilization Mechanism, Or How the Goldman Vampire Squid Just Captured Europe

The European Stabilization Mechanism, Or How the Goldman Vampire Squid Just Captured Europe Ellen Brown http://WebofDebt.com/articles April 18, 2012 The Goldman Sachs coup that failed in America has nearly succeeded in Europe—a permanent, irrevocable, unchallengeable bailout for the banks underwritten by the taxpayers. In September 2008, Henry Paulson, former CEO …

UK roundup: Mervyn King on quantitative easing, LCP on buy-ins

UK roundup: Mervyn King on quantitative easing, LCP on buy-ins 28 Mar 2012 UK – The governor of the Bank of England has spoken out against claims that its £325bn (€388bn) quantitative easing (QE) programme has damaged the long-term viability of the UK’s pension schemes. Speaking at the economic affairs …

Wall Street Confidence Trick: How Interest Rate Swaps Are Bankrupting Local Governments

Wall Street Confidence Trick: How Interest Rate Swaps Are Bankrupting Local Governments Ellen Brown http://WebofDebt.com/articles March 20, 2012 Far from reducing risk, derivatives increase risk, often with catastrophic results. — Derivatives expert Satyajit Das, Extreme Money (2011) The “toxic culture of greed” on Wall Street was highlighted again last week, …

European Parliament seals ban on ‘sovereign debt speculation’

News European Parliament seals ban on ‘sovereign debt speculation’ 15 Nov 2011 EUROPE – The European Parliament has voted into law a regulation to curb short selling and trading in credit default swaps (CDS). With the vote, naked CDS trading – the purchase of default insurance contracts without owning the …

G20 Finance Minsters face growing public anger for failing to reform financial system – ITUC OnLine

INTERNATIONAL TRADE UNION CONFEDERATION – ITUC ITUC ONLINE G20 Finance Minsters face growing public anger for failing to reform financial system Brussels, 14 Octobre 2011 (ITUC OnLine): The international trade union movement said G20 Finance Ministers are coming under increasing pressure to create jobs, tackle public debt and reform the …