The week of September 15, 2008 has been a dramatic and unprecedented period in the world of high finance. The economic crisis is not over despite what some pundits and politicians have claimed. A series of government interventions have changed the map of banking and finance.
So what does it all mean? What will be impact of the Wall Street bankruptcies, bailouts and blunders on working people in this country and worldwide? What's the solution to the crisis?
Perhaps only time will tell the full extent of the impact. Needless to
say, this week’s developments don’t bode well for the future. Here are
some thoughts from contributors to the People’s Weekly World and
Political Affairs and leaders of the Communist Party on the current
economic crisis, the policies that got us to this point and the
historical precedents.
We will update this resource list in the days and weeks to come, as the
full scope of the crisis is better known.
