Sunday, 23 September 2018

Is a New Global Financial Crisis Imminent?

Economists Mark Weisbrot and Gerald Epstein face off to discuss whether 10 years after the Lehman Brothers collapse and the Great Recession of 2008 we are about to see another major financial crisis

Friday, 21 September 2018

Robert Reich: Another Tax Scam for the Rich

Robert Reich explains why cutting capital gains taxes would benefit the wealthy.

Tuesday, 18 September 2018

Is a Brexit Deal Possible? | Inside Story

Brexit has been at the forefront of British politics since the country voted in a referendum for a divorce from the European Union in June 2016.

It’s now crunch time for Prime Minister Theresa May. She's travelling to Salzburg this week to try to reach a breakthrough with EU leaders; but many have already pushed back her 'Chequers Plan' - Brussel's chief negotiator Michel Barnier saying it would spell the end of the EU project.

And just six months ahead of the deadline for a Brexit, the head of the International Monetary Fund Christine Lagarde has issued a stark warning.

So, what happens if no deal is reached?

Presenter: Hoda Abdelhamid | Guests: Jonathan Lis, deputy director of the think tank British Influence; Helen Thomas, CEO and Founder of macroeconomic consultancy BlondeMoney; Geraint Johnes, economist at Lancaster University

Monday, 17 September 2018

Steve Bannon Interviewed by Zanny Minton Beddoes | The Economist

At The Economist’s Open Future festival in New York on September 15th 2018, Steve Bannon, former White House chief strategist, was interviewed by Zanny Minton Beddoes, The Economist’s Editor-in-chief

Saturday, 15 September 2018

Trichet Calls for Action to Prevent New Financial Crisis

Sep.11 -- Former European Central Bank President Jean-Claude Trichet discusses the state of the economy and the financial industry 10 years after the collapse of Lehman Brothers. He speaks with Bloomberg’s Tom Keene and Francine Lacqua on "Bloomberg Surveillance."

The Crash – The Investment Bank Lehman Brothers | DW Documentary

Investment bank Lehman Brothers filed for bankruptcy in New York on September 15, 2008 after more than 150 years in the banking business. [Online until: 13.10.2018]

At the time, the company had accumulated over $600 billion in debt. It did not just hit the US financial system hard: global networking sent companies around the world into a tailspin. How could that happen? And above all, could it happen again? The documentary tells of the risky rise and ruinous collapse of former global investment bankers Lehman Brothers. The bank had sensed a killing when the US Federal Reserve massively cut interest rates at the beginning of the millennium. "Cheap money" gave many Americans the feeling that they too could fulfill the dream of owning their own homes. Loans were made without anyone asking if customers were really solvent. These mortgages were then bundled and offered for sale as "safe bonds." But real estate prices in the US fell and those so-called safe bonds turned into liabilities, sending shockwaves around the world. More than 500 investors in Singapore suddenly faced bankruptcy in 2008. They had bought into so-called mini-bonds - innovative products that specifically targeted private investors, promising them high profits and maximum security. But most people did not understand what was actually behind them. Many of these bonds were linked to American banks such as Lehman Brothers. In the end, Lehman Brothers had to file for bankruptcy, leaving thousands of small investors around the world facing ruin.

No Remorse in Germany for 2008 Financial Crisis Response | Al Jazeera English

Ten years after the financial crash of 2008, Germany faces accusations of helping to wreck the Greek economy by demanding punitive austerity measures. But inside the German government there is no remorse. Al Jazeera's Laurence Lee reports from Berlin, Germany.

Reinventing Liberalism for the 21st Century | The Economist

This week we celebrate our 175th anniversary with a manifesto for renewing liberalism through a programme of radical reform. But what does this entail?

Wednesday, 12 September 2018

Brexit Forensics: The Gold Export Illusion

Statistics often used by Leave campaigners during the EU referendum are heavily distorted by gold, a Sky News investigation shows. Sky's Economics Editor Ed Conway reports.

Archbishop of Canterbury, Justin Welby Speech to Trades Union Congress 2018

Archbishop of Canterbury, Justin Welby. who gave a powerful speech addressing prejudice, tax avoidance, rich élites and the power of trade unions.

Guy Verhofstadt: 'We Will Not Change EU Rules Just Because Britain Is Leaving'

Sunday, 9 September 2018

Many Americans Feel 'Stuck in a Rut' as Economy Improves, But Inequality Grows (2011)

'Inequality Is Bad for Everyone': Robert Reich Fights against Economic Imbalance

Economics correspondent Paul Solman talks to Robert Reich about "Inequality for All," a documentary about the former labor secretary's personal crusade to explain to Americans why everyone should care about the nation's growing economic disparity and divisiveness.

Robert Reich: The Dangerous Myth of Deregulation

Robert Reich explains why the conservative myth of deregulation is another form of trickle-down economics.

Wednesday, 5 September 2018

Four Things the State is Not | Thomas E Woods Jr

Archived from the live broadcast, this Mises University lecture was presented at the Mises Institute in Auburn, Alabama, on 24 July 2014.

A Lot More Damage to Come From Brexit, Says Peterson Institute's Posen

Sep.04 -- Adam Posen, president at the Peterson Institute for International Economics, discusses Mark Carney's future at the Bank of England, and his outlook for Brexit. He speaks on "Bloomberg Daybreak: Europe."