Devil is in the details!
07.01.2009
Ah, Prof. Nabudere, the devil is in the details! However, the details here provide a red herring. The world economic crisis derives from the simple logic of capitalism itself, based upon concentration of capital. In this period, the capitalists have concentrated huge amts of wealth in their hands, for what purposes we can only speculate. Yet it is the hoarding of liquidity in their coffers which has dried up cash and cause the shortages across the globe. For a more comprehensive breakdown, read, .