Archive for June, 2008
Monthly Archive
Thursday, June 12th, 2008
B.I.S WARNS OF A GLOBAL GREAT DEPRESSION - AGAIN!
Central bank body warns of Great Depression
(08/09)The Bank for International Settlements (BIS), the organisation that fosters cooperation between central banks, has warned that the credit crisis could lead world economies into a crash on a scale not seen since the 1930s.
In its latest quarterly report, the body points out that the Great Depression of the […]
No Comments » - Posted in News by Sharon Kayser
Monday, June 9th, 2008
NEEDED: A NATIONAL CONFERENCE ON ECONOMIC REFORM
By Danny Schechter.
Where Are Progressive Voices On The Economic Crisis Wrecking America?
Boston, MA: The media reform conference was just starting in Minneapolis
when word bounded in from New York that the market dropped 394 points as
oil prices rose and, to borrow an Iraq war word, unemployment “surged.”
The number of unemployed people grew by 861,000 in May […]
