Economic crisis news


This video from Democracy Now! in the USA in September 2008 says about itself:

As the US economy collapses, who are the winners? Seems the government decided to bail out the crooks with the people’s money. Are you ready for the Greatest Depression?

An article in Sunday’s New York Times sheds a measure of light on the corrupt relationship between government officials and the banks which underlies the multi-trillion-dollar bailout of Wall Street: here.

Economies in the Baltic region are set to suffer steep declines in output this year. On July 28, Lithuania released economic figures for the second quarter of 2009, revealing a year-on-year contraction of 22.4 percent of GDP: here.

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