Category Archives: Debt

Follow the Money: Behind Europe’s Debt Crisis Lurks Another Giant Bailout of Wall Street

Read Today Ben Bernanke added his voice to those who are worried about Europe’s debt crisis. But why exactly should America be so concerned? Yes, we export to Europe – but those exports aren’t going to dry up. And in … Continue reading

Posted in Banks, Crises, Debt, Europe, Financial, Politics, US | Tagged , , , , | Leave a comment

How Killer Student Debt and Unemployment Made Young People the Leaders at Occupy Wall Street

Read “That we’re young only means we have the most to lose by standing idle,” say the young protesters mocked by mainstream media. But let’s focus on the young. The issue of debt, especially student debt, hovers over the protests. … Continue reading

Posted in Debt, Movimientos sociales, OWS, Social movements, Student, US | Tagged , , , , | Leave a comment

What is Debt? – An Economic Anthropologist View

Read Interview conducted by Philip Pilkington, a journalist and writer based in Dublin, Ireland. Philip Pilkington: Let’s begin. Most economists claim that money was invented to replace the barter system. But you’ve found something quite different, am I correct? David … Continue reading

Posted in Debt, Economy | Tagged | Leave a comment

Is the Near-Trillion-Dollar Student Loan Bubble About to Pop?

Read Student loans have been going up since the recession began–and now defaults are up too. Something has to be done, but what? For years, credit was a substitute for real wage growth in the U.S. And now as that … Continue reading

Posted in Debt, Student loans | Tagged , | Leave a comment

Debt and Democracy: Why Germany’s Rich Must Pay Higher Taxes

Germany is a land of inequality. The gap between rich and poor has widened, and cutting public services to balance the budget will only make things worse. If we’re serious about saving German democracy, we have to raise taxes on … Continue reading

Posted in Debt, Democracy | Tagged , | Leave a comment