Course Blog for Soc 3151: Social Issues and Social Policy at Baruch College
I believe that everyone wants to know more about staff that ruined our economy. Here is one called Credit Default Swaps which I will explore more using an article called Credit Default Swaps: The Next Crisis?
Credit Default Swaps (CDS) are second cause of the credit hurricane in financial crisis. Credit Default Swaps, which were invented [...]
I found this article in New York Times when I researched about AIG bail out and its consequences, and lack of regulation over non-bank institutions. The article is called “Geithner Seeks Broader Powers Over Financial Firms” . As we may know that companies such as AIG or Lehman Brothers are very low regulated even I would say [...]
The article Up in Smoke by Paul Mattick from Radical Perspective on the Crisis, explores how today’s’ economy recession can be compare to depression from the past. The difference between this two is that present situation can be controlled by government and it can be fixed but it has to be done fast. Governments started already [...]
Hi guys,
As we spoke last time about Wal-Mart, I wanted to post this article Retail Sales Slide Further, Except at Wal-Mart. After reading it, you will find the answer why people don’t see bad sites of this store.
Hi guys,
When I was reading newspaper, I found this article very interesting Continuing Job Losses May Signal Broad Economic Shift and I decided to post it for you. It talks about how government assures that they will build our economy however, this isn’t coming very well.
“A lot of production either isn’t going to happen at all, [...]
Cramer: “The Multi-Trillion Dollar Question: Whose Consumption Drives the Economy?”
I’m reading the article from Radical Perspectives on the Crisis. This editorial caught my attention because it addresses an issue that involves everyone. We can hear that “consumer-driven economy” but is it true?
“Our economy is a Capitalist economy. We need to appreciate, as well as [...]
Naked Capitalism Naked Capitalism