Tag: financial crisis

disaster capitalism economics Politics shock
January 4, 2009

Iceland: More from the economic ‘canary in the coalmine’

A couple of days ago, the traditional meeting of Iceland’s prime minister and other leaders was interrupted by protesters to the point where the PM cancelled the annual review on TV. Full AP story here . For me, Iceland feels like it’s the economic canary in a coalmine.  They have experienced a crushing economic defeat and will likely have to cave to a broad range […]

Canada economics financial crisis interflation The Corporation US economy
December 28, 2008

You Can’t Fight the Tsunami of Structural Change

Structural change is upon us.  Our leaders can’t fight it.  As they embarass themselves with bailout after bailout, they fail to stop and look at what’s happening around them. Structural change is an inherent decrease in demand for stuff we don’t want.  In fact, we don’t even think we need it any more, mainly because the tools of demand generation (mainstream publishers and marketing agencies) […]

Canada economics environment Politics
December 1, 2008

Financial Crisis and Ecological Amnesia

I’ve been using this blog to try to point out some of the flaws in getting the same old crew to repair the messes that they created in the first place.  Of course, to take a page from the Adbusters gang as they revved up Buy Nothing Day for last week, we also start to understand that the core of the problem is us.  Until […]

BASH bloggers against stephen harper Canada canadian election disaster capitalism economics financial crisis Politics Steve
November 30, 2008

Great Depression by 2011

And now for some really good news.  Well, I tried. This article offers a fairly complete list of reasons why we should at least expect zero growth for the next three years.  When our MA in Economics leaders claim that they couldn’t see it coming, I’ll feel like I’ve fulfilled my public duty by warning them here first. It’s the least I can do. Now, […]