Riz Khan - Global meltdown - Nov 19 - Part 1

Riz Khan asks top economists what needs to be done in order to turn the global economy around.

James Galbraith, the author of The Predator State argues that because Europe is lacking the proper structural institutions it will be left to the US to pull the world out of this crisis. Ann Pettifor, the author of The Coming First World Debt Crisis supports a Green New Deal programme and the restructuring of international debts so that failed economies are not excluded from the global stage. Peter Morici of the University of Maryland contends that additional bailouts and stimulus packages are useless without proper regulation.

Category:

News & Politics

Tags:

• Al
• Jazeera
• Riz
• Khan
• Global
• economic
• downturn
• economists
• financial
• crisis
• James
• Galbraith
• Ann
• Pettifor
• Peter
• Morici

[2002REDIS300]

good show!

[dankeewolnir4042]

yup, a fractional reserve fiat monetary system was invented for just that. That is the type of money system the FED RESERVE created. This is how the rich enslave the poor. This is the way it is, always has been and always the way it will be until people learn what is happening. Fiat currencys are ONLY here for this reason, to doop the middle class and funnel the money to the top. Consolidation of wealth

[redcommand85]

and socialism is even more lucrative because you get to use coercion.

[G20decisionmakers]

Capitalism is a bag of shit for most of us and a lucrative scam for a few.

[Perditionswrath]

I wish I could be an optimist right now but... WELCOME TO THE COLLAPSE!!!

It'll be a hell of a ride!

[bondurango]

Paulson & Bernanke are nothing more than the Cheney & Rumsfeld of economics. The bailout is nothing but a panic scam & is the economic version of WMDs. Instead of an imminent attack from Saddam, it's an imminent economic depression. It's absolute bullshit to think that Fanny Mae & Freddie Mac can account for $700 billion of bad housing debt. As for the Big 3 automakers, they are the slaves of big oil & will never change. If they need a bailout, let them get it from their masters.

[psykobeat2012]

looking forward for a depression ...thats the only hope for this world...economy is killing us and this planet ..we all now that but we are in denial...more money ,more consumption ,more garbage and so on...

[bye1962]

i believe that world wide, global we all are going to be throwing our money in the streets because it is not going to be worth any thing. i believe every thing is going to get a whole lot worse and there is nothing any body can do about it.

[DrBones666]

I think if you're an RN you shouldn't be settling for $30 after all that schooling. How to pay back your loans?

[macctosh]

now every motherfucker will know how it feels to be poor!!!! its about motherfucken time!! Man, I never imagined I would ever see a recession in america!! SHIT I still don't believe it!! My Christmas wish is for a depression in the near future!!