Ann Pettifor

Euroland

How Greece’s Crisis Could Impact America

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 …

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No way to run an economy

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 …

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