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Household Debt, Microcredit and the Death Trap
by
Sushovan Dhar29 January
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Debt, plunder and degrowth
by
Nicolas Sersiron28 January
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Audio
The Troika impose to Greece policies that are destroying social rights
by
Eric Toussaint27 January
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False Dilemmas : A Critical Guide to the Euro Zone Crisis
par Corporate Watch
23 janvier
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What’s Behind Detroit Happy Talk ?
by Dianne Feeley
22 January
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Joseph Stiglitz shows that a suspension of debt repayments can be beneficial for a country and its people
by Eric Toussaint
20 January
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EU follows the German example
by Eric Toussaint
18 January
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What if SYRIZA took the EU at its word and audited Greek debt?
by Eric Toussaint
14 January
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With the Greek people, for a change in Europe
by Por el Cambio en Grecia
12 January
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Africa: plummeting commodity prices might lead to a new debt crisis
by Eric Toussaint
12 January
The years preceding the financial crisis was marked by incremental household debt in most of the advanced capitalist countries. William Pesek a columnist with the business media Bloomberg, warned us a few months back that Asia faces the risk of an explosion of house-hold debt. He adds “several (...)
Here we publish the speech by Nicolas Sersiron from CADTM France, made during the regional Degrowth workshop in Budapest on January the 24-25 th.
Historically, capitalism was developed by the looting of natural and human resources (territorial conquests, triangular trade, Atlantic slave trade, (...)
"An audit committee of the Greek debt could show that 80% of the debt required by the troika is illegal," said Mr. Toussaint on an interview with Christina Vasilaki, stoKokkino`s correspondent in Brussels.
Éric Toussaint, Senior Lecturer at the University of Liège, is president of CADTM Belgium (...)
With Syriza expected to win in the Greek elections this weekend, the public debate around the European crisis has been reignited, and it will soon get feverish. This is a great opportunity for us to disseminate radical analysis about the crisis, and help unravel the mainstream story.
For all (...)
Despite Happy Talk of Detroit “rebounding” from bankruptcy, the basic problems remain: lack of jobs, deep poverty, the state takeover of the public schools and a 28% decrease in state revenue sharing over the last decade.
If one statistic could sum up the problem, the median Detroit family (...)
Since the European Union started facing an abyssal debt crisis and several countries have been caught in the stranglehold of their creditors, the prospect of defaulting has become a real possibility. A majority of left-wing and orthodox economists consider that a suspension of debt payment must (...)
Between 2003 and 2005, Gerhard Schröder’s socialist government gave German employers a helping hand in imposing sacrifices on the workers.
The paper En finir avec la compétitivité (Putting an end to competition), published jointly by ATTAC and the Copernic Foundation, sets out the measures taken (...)
Since the announcement that elections will be held in Greece on 25 January 2015, the prospect that they be won by SYRIZA has been presented as a menace to international public opinion and in particular, as a threat to the Eurozone. Yet those who are sounding the alarm are fully aware that (...)
The upcoming Greek elections can represent a turning point in the European scenario. Greece has become a political and economic testing ground of the European elites, spreading misery and weariness throughout all the South of Europe as a response. The economic recipes based on austerity and (...)
Debt Euphoria
In 2014, Rwanda and Ethiopia, two of the world’s poorest countries, sold public debt bonds on the financial markets of the most industrialized countries. While still unstable after civil wars and with debt payments suspended hardly three years ago, the Ivory Coast also managed to (...)
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