Hedge funds helped wreck Puerto Rico by Aengus mac Og.
It’s another symptom of the way things are within this corrupt and untethered political and economic system.
Puerto Rico as we know is not one of the wealthiest places in the world and is slowly but surely going bankrupt. I hear today that US hedge[…]
Archive for ‘Markets, Securities and Derivatives’
By December 30, 2015 Category: An Occupier's Perspective, Banking and Money, Economics WG, Free Market and Globalisation, Markets, Securities and Derivatives, News, Policies No Comments 
This Saturday join the Occupy Tour of Mayfair, where the hedge fund managers
You will know it as the most expensive spot on the Monopoly board. But did you know that this upmarket area of west London has the highest concentration of hedge funds and private equity firms in Europe?
This tour takes you into[…]
By May 11, 2013 Category: An Occupier's Perspective, Banking and Money, Markets, Securities and Derivatives No Comments
The current financial crises (Eurozone, US and UK public and private sector debt, banks’ insolvency) were precipitated by the sub-prime mortgage crisis of 2008 which was the culmination of a housing fuelled, economic boom in the US, UK and Europe (particularly Spain and Ireland). Rising house prices fuelled an explosion in consumer credit and private[…]
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By March 20, 2013 Category: Austerity, Banking and Money, Economics WG, Finances, Housing, Land, Markets, Securities and Derivatives, News, Newsletter, Newswire, Policies, Press releases, Uncategorized, Working Groups No Comments
We can’t do everything in one budget, but we can make a start. This is a start, by scrapping the austerity agenda, and starting a programme to reinvest in people and begin to reduce the criminal inequality that successive administrations have enabled. Some of these suggestions have been made by unions, campaigners, some by us.[…]
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By March 20, 2013 Category: An Occupier's Perspective, Austerity, Economics WG, Finances, Housing, Land, Markets, Securities and Derivatives, News, Press releases, Working Groups No Comments
The global economic system demands exponential growth to survive rather like a bicycle which falls over if forward momentum ceases. It is underpinned by the interest based money system which demands expanding debt to provide sufficient money to pay the interest on pre-existing debt.
Growth in the US, UK and other countries has, for the[…]
By February 16, 2013 Category: An Occupier's Perspective, Banking and Money, Economics WG, Finances, Markets, Securities and Derivatives, News, Working Groups No Comments
