Global News Journal

Trotsky in the night

September 21, 2008

trotski.jpgI’d almost forgotten he was there, in my home. Then came the global economic crisis with its visions of apocalypse, and he caught my eye again, this fiery orator, this ruthless revolutionary killer, the scourge of global capitalism.

Financial crisis: What you see depends on where you stand

September 19, 2008

lehman.jpgDepending on where you stand, the financial crisis has been catastrophic or brought a much needed shake out in the financial sector; it has been disastrous for home owners or proved the folly of lending to people with poor credit histories; it has rightly rolled back the clock on naked capitalism or¬†undermined a system that, in essence, functions perfectly well; it has punished bankers’ hubris or thrown many talented individuals out of work.