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20 February 2019
New recession fear stalks the world economy
2018 marked ten years since the collapse of Lehman Brothers bank which plunged the world economy into the deepest economic recession since the 1930s.
29 November 2017
Amber warning lights flash on British economy
For workers, young people, the disabled and the unemployed, the lost decade since 2007 has been the equivalent of a Mark II Great Depression
11 October 2017
Housing crisis: Corbyn's positive measures blanked by Labour's right
A standing ovation greeted Jeremy Corbin's pledges on housing at Labour's conference: to stop 'social cleansing' regeneration schemes and give residents a vote on regeneration proposals; to build more council homes and to control rents.
20 September 2017
Defuse the consumer debt time bomb: nationalise the banks!
Still recovering from the last crisis? Hold on to your wallet, Britain's bankers are storing up another one - £200 billion of consumer debt
9 August 2017
Global finance: Are those storm clouds ahead?
Is capitalism reproducing the same conditions that led to the 2007-08 financial crash? In two introductory articles, Ross Saunders looks at the rickety global financial order and Ian Groeber points to the recent Italian bank bailouts to show how the working class continues to pick up the tab for the capitalists' failures.
1 February 2017
Super-rich shareholders cause of pension deficits
Nationalise the banks and top corporations: Over half of Britain's richest firms could immediately wipe out the deficit in their pension schemes if they were willing to prioritise former workers over investors.
25 January 2017
Wales council votes to buy back homes
Flintshire county council in North Wales has decided to buy back 55 council houses sold since 2005 when they become available on the market
10 August 2016
The banksters are at it again. Despite huge public anger at their role in the financial crisis of 2007-8 it seems no lessons have been learned. A new report warns that "we're sailing blindly into a second global financial crisis."
21 October 2015
World economy: 'biggest danger to capitalism is capitalism'
Redcar steel plant to close after a century of production, raw material prices collapsing, China's economy slowing, the ongoing euro crisis...
2 September 2015
China crisis: What will this mean for the world economy?
The contraction of the Chinese stock exchange has sparked justified fears that the world economy could be in for a repetition at a certain stage of a crisis with similar effects to the 2007/2008 catastrophe
2 September 2015
Thailand plagued by military junta and downturn
The horrific bombing in Thailand's capital Bangkok on 17 August killed 20 people and seriously injured 125. Meanwhile, workers are crushed between the country's dictatorial government and the global economic crisis.
5 August 2015
Fiddling finance capital in the dock
The trial and conviction of former UBS and Citigroup trader, Tom Hayes, has revealed the huge scale of the 2012 Libor rate-fixing scandal perpetrated by the major banks.
3 June 2015
Finance capital - taking Liborties
The ongoing trial of former UBS and Citigroup trader, Tom Hayes, has revealed the huge scale of the 2012 Libor rate fixing scandal perpetrated by the major banks
21 January 2015
Oil price crashes as world economy slows
World capitalism faces a gloomy future according to recent reports issued by the International Monetary Fund and World Bank
16 October 2013
'Help to Buy' no solution to housing crisis
The government has brought forward the second phase of its 'Help to Buy' scheme that subsidises low deposit (higher risk) mortgages on houses worth up to £600,000, writes Paul Kershaw.
What recovey? Pawnbrokers and loan sharks proliferate , photo by Photomontage The Socialist
14 August 2013
The media is lauding an economic recovery. Whether there is one and whether it has substance is discussed in the articles below.
7 March 2013
What's wonga with the Office of Fair Trading?
Like a drugged watchdog, the Office Of Fair Trading has finally, very slowly, woken up to the disgusting behaviour of the short-term high-interest loan sharks...
14 January 2009
Lovingly sacked...: THE FINEST writing paper, using only the finest ink, lovingly folded into an immaculate white envelope... This is no ordinary P45, this is a Marks and Spencer P45!...
11 June 2008
Oil price shock - the chaos of capitalism
Years of frenzied speculation on commodity markets: We have been hit by a tsunami of energy price rises. A flood of speculative activity in oil markets has produced a huge bubble that will inevitably collapse in coming months. Lynn Walsh investigates.
19 March 2008
Darling's 'more of the same' budget
Editorial: "The most wrenching since the end of the second world war" is how Alan Greenspan, ex-head of the US Federal Reserve, described the current crisis engulfing the US economy...
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