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06/05/2018 | Economia y Finanzas
‘Creating Wealth’ Through Debt: The West’s Finance-Capitalist Road – OpEd
Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living and doing business. That is the main reason why they are losing their export markets and becoming de-industrialized.
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25/03/2017 | Frente Externo
Trump Is Obama’s Legacy: Will This Break Up Democratic Party? – Analysis
Nobody yet can tell whether Donald Trump is an agent of change with a specific policy in mind, or merely a catalyst heralding an as yet undetermined turning point. His first month in the White House saw him melting into the Republican mélange of corporate lobbyists.
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12/04/2011 | Economia y Finanzas
Opinion - IMF Not the Solution for Iceland
The EU and IMF program inspired the modern version of Latin America’s “IMF riots” familiar from the 1970s and ‘80s. Mr. Almunia, the butcher of Latvia’s economy, demanded reforms in the form of cutbacks in health care, pensions and public employment, coupled with a proliferation of taxes, fees and tolls from roads to other basic infrastructure.
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