Daily Archives: August 26, 2015


CHINA’S STOCK MARKET TUMBLE AND THE OUTLOOK FOR THE GLOBAL ECONOMY

New Economic Perspectives has the article CHINA’S STOCK MARKET TUMBLE AND THE OUTLOOK FOR THE GLOBAL ECONOMY.

Interview of L. Randall Wray by Dasha Chernyshova, Moscow reporter for the Sputnik News Agency
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To put this in highly technical terms, we’re all pretty much screwed.

Wray has a way with words. But the being screwed is all of our own doing. There is a clear path out, but we won’t take it. Neither will anyone else.