All the signs are there for another credit crunch
the threads of forbearance and liquidity holding up the balance sheets of the private banking system are growing perilously thin, writes Ann Pettifor.
“We are spiralling into a prolonged and ghastly depression”: The economy in 2012
Ann Pettifor looks to the economy in 2012, and is not hopeful about what she sees.
EU summitry is futile; this is a global financial crisis, not a eurozone crisis
Ann Pettifor explains how the current European Union summit is futile – we are in a global financial crisis, not just a crisis of the eurozone.
UK not performing too well in the GDP growth championship
Explaining Britain’s abysmally low growth, Ann Pettifor pushes a metaphor to its logical conclusion.
Osborne: Speaking truth to wealth and power? Really?
George Osborne vowed “to speak truth to power and wealth” at the Tory party conference this week – but dare he speak economic truth to the rest of us?
The euro lurches towards the abyss – but does the Left have a Plan B?
With the eurozone engulfed in a semi-permanent state of crisis, Ann Pettifor outlines five steps the global Left can take towards a Plan B.
Political leaders – Stand up to the bankers, you have only your chains to lose
Instead of disciplining financiers, politicians have disciplined taxpayers, and used ‘austerity’ to force the broader economy to bow to the finance sector.
The High Street spiral of self-harm
Ann Pettifor reports on the latest grim news from the high street today, and outlines possible solutions to the downturn.
Balls walks straight into Cameron’s trap
Leading economist Ann Pettifor, co-founder of the think tank PRIME, on how shadow chancellor Ed Balls walked straight into the Tory trap in his LSE speech yesterday.
Labour suffers from economic “Stockholm Syndrome”
One of the reasons that economies are being crucified on the cross of ‘austerity’ is the discrediting of so-called Keynesian policies of the 1970s, writes Ann Pettifor.