Friday, August 28, 2015

2015-08-28 World under the Greater Depression

2015-08-28 World under the Greater Depression
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Contrary to various governments falsely claiming "recovery", the Greater Depression, which started with the 2008 banking crisis in the US, is here to stay. Like the Great Depression of the 20th century, its core cause is vast corruption of the financial system with government complicity.
Until corruption of the financial system and corruption of governments are addressed, there is no chance of true recovery...
The first half of 2015 has seen the worst decline in world trade since the 2009 crisis, according to World Trade Monitor. The data could imply that globalization has reached its peak.
rt.com

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