Global: Is a second financial crash on the way?
10.08.2011
In assessing the chances of another financial crash, Richard Murphy, an adviser to the Tax Justice Network writes that there is a two-part economy in the world, the real one and the feral one, which exists beyond the limits of the real economy and is made up of the enormous financial balances that are only entries in computer ledgers. 'This feral economy represents the wealth quite deliberately extracted from the real economy by those who have exploited it over the last thirty years of neoliberal domination.'