debt
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The Crisis of Finance Capitalism and the Exhaustion of Neoliberalism
The report “Changing Banking for Good” attempts to make bankers personally responsible, to reform bank governance and strengthen the powers of regulators. Some think that if the report’s recommendations are implemented, it will destroy London as a global financial center.… Continue reading
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Debt – a global scam | New Internationalist
Large outstanding personal debts – say a mortgage taken out during a housing bubble – can turn even the stoutest of us into ‘quivering insomniac jellies of hopeless indebtedness’ (as Margaret Atwood so accurately puts it). Debt is, we feel,… Continue reading
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Rolling Stone on how the Illuminati is maybe not so impossible
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is… Continue reading
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Indebted to Capital
“If in times past we were indebted to the community, to the gods, to our ancestors, we are henceforth indebted to the “god” Capital.” Maurizio Lazzarato, The Making of the Indebted Man Source: collectorscorner.com via Keith Wayne on Pinterest Related articles… Continue reading
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There is no fiscal crisis. And macroeconomics is not a morality play.
Nice overview of how things stand vis. the “fiscal cliff.” The Puritanism that surrounds how most people talk about debt–esp. government debt–really irritates and shows the lasting influence of Christian dogmatism on our sociocultural situation. Sometimes I cannot tell if… Continue reading
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R&Ex’s 500th Post: The Student Debt Crisis
Thanks to all of those who have been reading this blog and spurring me on to keep posting. The other day I passed 10,000 views. And today is another milestone: the 500th post. I wanted to be sure and pick… Continue reading
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Postal Savings Banks… An Important Idea
Right now, there are few ways for poor people to even try to save what little money they have. It is often hard to get an account, and even if you do, fees will be too high or interest too… Continue reading





