3rd March 2010 If today’s speculators bring down the Greek economy, they will likely blow up more debtor nations, and then in a cascading effect, turn on their main benefactors, the now heavily indebted British and United States governments. Citizens are rightly angry at the way both the Bush and Obama administrations, aided by Governor […]
7th January 2010, Read Ann Pettifor and Jeremy Smith’s letter on why Iceland must NOT repay the debt in the FT today: ” Sir, The president of Iceland’s refusal to approve repayment to the British and Dutch governments should be welcomed (January 5). The pause gives the Anglo-Dutch governments an opportunity to withdraw their demand
12th December 2009 At the end of last month I delivered the prestigious EBOR lecture at York. My address was entitled: “Credit, usury and political power: chasing the moneylenders from the temple that is our democracy” Click on the link below to read a PDF version of the full lecture: EBOR Lecture November 25th (PDF)
25th November, 2009 Dear patient readers of this blog…please find below my latest Huff Post post. Some may wonder why I cheered when White House Chief of Staff Rahm Emanuel announced that the president plans to cut the deficit, because he “does not want to keep on adding to the debt.” It’s no secret that
22nd November, 2009 Have just left a great event in Manchester, where about 500 students gathered to sharpen up their campaigning on climate change – under the banner of ‘People and Planet’. Ian Leggett, the organisation’s director, reminded us that Barclays Bank still has a great big hole in its demographic – all those students
25th September, 2009. This was my comment on the conclusion of the Pittsburgh G20 Summit – posted on the Huffington Post. Today the Summit of world leaders — the G20 — ended in a spirit of good cheer. World leaders are united, they’re confident and they’re looking forward. They have looked closely at the system
Ann Pettifor: September 24, 2009 As world leaders meet in Pittsburgh and then Istanbul (for the World Bank and IMF meetings) expect much self-congratulation and back-slapping for having got the world through the post-Lehman crisis. But behind the cacophony of self-praise, watch out for three alarms flashing red: The escalating foreclosure and rising mortgage delinquency
The Motley Fool, September 2nd, 2009 Motley Fool blogger TMF Sinchiruna spotlights the Times interview, describing me as “once ridiculed, later vindicated…” TMF Sinchiruna goes on to say: “Peter Schiff, Jim Rogers, Niall Fergusson, Ann Pettifor … these are the voices that I believe investors need to hear. Turn off the tv and look deep
Article Published in the Times, September 1st 2009. Photo by Jon Enoch. Ann Pettifor predicted a painful end to the good times. Now she says that only radical action can prevent further gloom Phil Thornton Ann Pettifor is a member of a select club — the seers who saw it all coming. Now the economist,
Times: Worst of slump yet to come, says economist Read More »
From Open Democracy: August 13, 2009 “A single day, 9 August 2007, will go down in history as ‘Debtonation Day’ – the beginning of the end of the deregulation and privatisation of finance that marks the era of globalisation.” I wrote these words on 13 August 2007, in anticipation that the great stock-market collapse of
How globalisation ends: Debtonation Day, plus two Read More »
