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By ROBERT REICH The Nation / Alternet.org International Posted by Bulatlat.com Wall Street's banditry was the proximate cause of the Great Recession, not its underlying cause. Even if the Street is better controlled in the future (and I have my doubts), the...
Prior to the specter of a U.S. recession, the Arroyo government had been making much of the historically unprecedented but unsustainable appreciation of the peso. She’s been crediting it to her fiscal managers and “good economic fundamentals.” But Labog says these...
Over the next several months there will be a battle for hearts and minds, but not in Iraq or Afghanistan. The war will be here at home, waged mostly in the halls of Congress, where grim lobbyists for one of the top 15 economies in the world are digging in to...
Food stamps are the symbol of poverty in the US. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive - a sure sign the world's richest country faces economic crisis. By David Usborne The Independent/ UK INTERNATIONAL...
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