“A banking crisis worse than 2008” could face the world economy, caused by measures to deal with climate change, a Guardian (London) newspaper headline warned in January 2023. The article outlined economic losses worldwide, often […]
Banking crisis marks new phase of capitalist turmoil – bold socialist policies more urgent than ever!
The global and multi-faceted crisis of capitalism has entered a new phase with the turmoil in the financial markets and the collapse of banks in the US and Credit Suisse in Switzerland. It is likely […]