Archive for 'Recession'
Are we heading towards a slump?
Posted by John, January 18th, 2016 - under Recession, Slump.
Tags: Capitalism, Class society, Class struggle, Crisis
Comments: 1
The disasters of the free market will lead to radicalization and political polarization argues Socialist Worker US.
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Is Australia heading for recession?
Posted by John, September 17th, 2015 - under Peter Jones, Recession, Solidarity magazine.
Tags: Australian economy
Comments: 1
In the latest edition of Solidarity magazine Peter Jones argues that perspectives for the Australian economy are bleaker than for some time. To read the whole article click here.
Global chaos returns – why?
Posted by John, August 24th, 2015 - under Market, Recession.
Tags: Crisis, Global economy, Great Recession
Comments: none
Michael Roberts explains the reasons for the market chaos going on across the globe on his excellent blog site the Next Recession. He says among other things: ‘The reasons are clear. The Chinese economy, now officially the largest in the world (at least as measured by the IMF’s rather weird purchasing power parity method), is slowing fast. To read the whole excellent article click here.
They party; we get the sack
Posted by John, September 17th, 2009 - under Profit rates, Recession, Underemployment, unemployment.
Tags: Australia, Capitalism, Economic crisis, Economics
Comments: none
While we face increasing unemployment and less working hours, the bosses party. What a sick society. What a rotten system.
Crisis is not over for world leaders
Posted by John, September 11th, 2009 - under Recession.
Tags: Bonuses, Crisis, Depression
Comments: none
Less than a year after the collapse of Lehman Brothers, the banks are back. Puffed up with profits, they are flexing their muscles again. This reality haunted the G20 finance ministers in London last weekend as they met to prepare for the summit that will take place in Pittsburgh in the US later this month. […]
Underemployment rising
Posted by John, August 9th, 2009 - under Recession, W-shaped recession.
Tags: ALP, Australian economy, Australian politics, Capitalism, Casino capitalism, Creative destruction, Economics
Comments: 1
We are not yet out of the woods. And if we are I suspect we are in a clearing before we go further into the heart of darkness.
A W-shaped recession?
Posted by Leonie, July 21st, 2009 - under Recession, Stimulus package, United States.
Tags: Australian economy, Capitalism, China, Creative destruction, Economic crisis, Economics, Global economy, Great Recession
Comments: 3
This might be a W-shaped recession, with the W moving towards a w.
Business cycle or Depression?
Posted by John, December 29th, 2008 - under Recession.
Tags: Business cycle, Depression, Economics
Comments: 3
Is this a boom bust business cycle or are we headed for a depression? Gwynne Dyer, writing in the Canberra Times, (‘Old problems in a new era’ CT Monday December 29 Opinion p 15) says that until some genius discovers a way to abolish the business cycle, recessions are bound to occur. Marx was the […]