This is a very good, high level interview of Jamie Galbraith by Paul Jay of Real News Network. It explains how the fiscal cliff scare was created and why Obama and the Republicans are united in fomenting a false sense of urgency. This is the sort of piece I’d suggest sharing with friends and relatives who’ve been unable to miss the news coverage and want to get up to speed.
- When “Job Creators” Create Lousy Jobs - 03/07/2014 - Yves Smith
- Links 3/7/14 - 03/07/2014 - Yves Smith
- Chinese Bond Default Rattles Markets; Harbinger of More Credit Woes? - 03/07/2014 - Yves Smith
- J.D. Alt: Forget the 1% - 03/07/2014 - Yves Smith
- Neoliberalism Dressing-Down: Australian Senator Ludlam on Prime Minister Tony Abbott - 03/07/2014 - Yves Smith