Capitalist Crisis

Ahhh, Greece, the media propaganda here say that global economy is secure and that greece will be untouched by this new capitalist death.

The Capitalist system in America, the American "Dream" is full with financial storms, failed deals, and "players" in the financial sector, the financial market as they call it.. right ?

Well in my eyes, the world has entered in a global crisis. A Crisis that will have a deep impact on the real living conditions of billions of workers all over the world. With this comes a growing consciousness among ordinary working people and youth that something is seriously wrong with this system, that this cannot be the way human beings have to live.

People all over the world need to understand that this crisis is not something new, if i find time i will write about capitalism and 1929. What began as a financial collapse in the USA will spread to the economies of all countries, threatening the jobs, homes and livelihoods all over the planet.

This is biggest financial collapse from 1929. Stock market capitalization in the USA went from 5.4 trillion dollars in 1994, to 17.7 trillion in 1999 and 35 trillion in 2007. This is far in excess of the amount of speculative capital that was present before 1929. The world derivatives market is at least 500 trillion dollars, or ten times more than the total world production of goods and services.

In the years that will follow, governments will take measures to protect the banks.

The bankers never lose.

Hear me... you will become a slave or change your country ? the future is in your hands !