Tag Archives: sovereign debt

UKRAINE IMPLODES.

A new Crimean War? It is a truism that the first casualty of war is the truth. There are already good reasons for asserting that this exists in the current war of words between the Anglo-Saxon coalition of Capitalist governments … Continue reading

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BONDS AND BUBBLES.

Bonds. Bonds are pieces of paper which are offered to the financial sector for investment purposes by two types of institution. First is the private company who, if they cannot or do not want to raise money in any other … Continue reading

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WHAT TRIGGERED THE CRISIS?

It is generally recognised that there is an ongoing economic crisis taking place within the 21st century capitalist system. However, its causes and what has triggered it – which are not necessarily the same – are the subject of considerable … Continue reading

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WHOSE UNDER THE FISCAL CLIFF?

Over the last few months the term ‘Fiscal Cliff’ has become increasingly popular in political as well as financial discourse. The term originated in the US, to refer to a series of impending tax increases and government spending cuts which … Continue reading

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