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thinkahol *

Photographing the Great Depression, Then and Now - 0 views

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    Faces from the Great Crash of 1929 and its aftermath are haunting the 21st century. Wall Street brokers fleeing the trading floor in panic, or putting their cars on sale because they are suddenly broke, appear in old black-and-white photographs beside analyses of the current state of the markets composed by sombre authorities. Not only the collapse of confidence that shattered investors 82 years ago but the long years of misery that followed now seem to call out to us, to warn us, to show us a truth that is urgent and immediate. Can this really be so? Can that nightmare history be repeating itself?
thinkahol *

Trader on the BBC says Eurozone Market will crash - YouTube - 0 views

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    In a scary and painfully frank interview BBC interviewer Maxine Croxall, is visibly shaken when market trader Alessio Rastani predicts that the "Market is Toast." Apparently there is nothing Euro governments can do. Respected RT Analyist Max Keisler confirms everything Alessio says! http://www.youtube.com/watch?v=aNabVbmonDw http://www.youtube.com/watch?v=7VTdUWk9DLM Alessio Rastani on CNN http://videos.mediaite.com/embed/player/container/420/421/?layout=&playli... http://edition.cnn.com/2011/09/28/world/europe/uk-trader-viral/ http://www.youtube.com/watch?v=fsUjcvcxiAg The BBC featured a version of this clip on their website. It includes a few seconds missing from the beginning, but ends before the newsreader describes the situation as a "Nightmare!" http://www.youtube.com/watch?v=jsDjTbP7TS0
thinkahol *

Boston Review - David V. Johnson: What We Owe to Each Other, Part 2 (David Graeber, Debt) - 0 views

  • Overwhelmingly the people who showed up were young ones who felt, “We played by the rules, we went to school, we studied hard, we did everything we’re supposed to do, and now not only are we $50,000 in debt with no way out, there’s no jobs because the bankers crashed the economy—they didn’t play by the rules but they got bailed out. Now we’re stuck being told we’re deadbeats for the rest of our lives, owing money to the very people who destroyed everything.”
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