“Imagine a violent solar flare that washes over our planet with a powerful electromagnetic cloud and, in a nanosecond, wipes clean all computer records: checking accounts, savings accounts, credit cards, tax bills, loans, mortgages, pension funds, contracts, investments, insurance polices. All gone. Wiped out in the blink of an eye. Because of the financial meltdown, […]
Tag: Capitalism in Crisis
THE FINANCIAL TIMES EXAMINES CAPITALISM’S CRISIS – PART ONE
“Money is not a force of nature. It is a concept, an idea, a figment of the human imagination. And it is real only to the extent that we allow it to rule our lives and our relationships with one another.” — The Coming Global Coalescence, page 4, print edition Inasmuch as the global financial […]