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[quote:RoXY:MV8xNTc4NDI2XzI4NTMxNDg5XzI2MUFDN0JF] [b]An idiot’s overview of why Western capitalism is crashing[/b] By Alan Hart The idiot of the headline is me in the sense that I am not an economist and have never had any formal association with study of the theory and practise of economics, but… I began to understand why what is today called Western capitalism was bound to crash way back in the early 1970’s when I was researching and producing an epic documentary on the everyday reality of global poverty and its implications for all. When I reflected on what I had witnessed and learned while researching in 120 countries (as well as at the World Bank and many UN agencies) and filming in 69 of them, I let commonsense be my guide. It led me to the conclusion that capitalism was not of itself the problem. It was the short-sighted and stupid way Western capitalism was managed. Now I’ll put some flesh on that bone. [b]CONTINUE AT: http://www.opinion-maker.org/2011/12/idiots-guide/#[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
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