Dr. Ravi Batra: New Thinking on the Economy Matt Renner Truth Out March 16, 2009 http://www.truthout.org/031609A Maverick Southern Methodist University economics professor Ravi Batra says the financial crisis is just one symptom of a long-festering economic disease – a disease caused by neglecting basic economic principles over the past 30 years. Comments made by [...]
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The Financial Sector: “A House Burning Down”
Ben Bernanke’s False Analogy By Prof. Michael Hudson URL of this article: www.globalresearch.ca/index.php?context=va&aid=12735 Global Research, March 16, 2009 On the March 15 CBS show “60 Minutes”, Federal Reserve Chairman Ben Bernanke used a false analogy already popularized by President Obama in his quasi-State of the Union Speech. He likened the financial sector to a house burning [...]
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