Tag Archives: Crash 2: Why There Better Had Be An Alternative To The Current Model…Or Everything Will End Up In The Sewer

John Ward – Crash 2: Why There Better Had Be An Alternative To The Current Model…Or Everything Will End Up In The Sewer – 18 July 2013

globalunemploygraphpaintSorry that the above chart (for which I’m indebted to Irish Slogger Christo) requires a good deal of scrolling, but then the list of countries in trouble at the moment is very long indeed. The ones below the arrow at 7.5% unemployment (roughly the alleged US rate) marked with a red dot are those which have been following austerity policies recently, and/or work to a heavily Globalist Friedmanite economic model. The ones marked with a green dot I have set to one side, as I would say they have socio-economic and political problems that are not really part of the ‘mainstream’ crisis of neoliberal capitalism: Egypt, South Africa, Argentina and so forth. Continue reading