Archive - Oct 14, 2008

UPDATE: Edinburgh Financial Crisis Protest: "Where is OUR bail-out?"

An act of mass public expression against the deepening economic crisis, dodgy bail-out, and the severe lack of economic assistance for ordinary people, is set to happen in the centre of Edinburgh on Friday the 24th.

Financial Crisis and Environment

"The big secret is out. Unfettered markets bring disaster. We need government too. Governments may be preoccupied right now with rescuing banks and reviving financial liquidity. But environmentalists need to use the new language of externalities and systemic risk to shout loud and long that politicians must act soon to protect natural capital. Or it may not just be the finance system that hits the rocks next time, it may be our species' entire life-support system."

What does this bail-out mean for us?

What is this bail-out all about? Firstly we need to summarise why the banks need bailing out to understand what the UK bailout is, then we can assess what the bailout might mean for ordinary people like ourselves.

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