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Articles: debt (8)

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Colonization by Bankruptcy: The High-stakes Chess Match for Argentina

Argentina is playing hardball with the vulture funds, which have been trying to force it into an involuntary bankruptcy.

The Shale Sugar Lick

A well known American comedian, Ron White, quips about the amount of sugar Americans eat by suggesting that certain restaurants install a sugar lick. Patrons can “belly up” and take their fill at the trough. Such an analogy might be apropos of some shale operators with regard to …

Debt, outsourcing, and suburban isolation

Corporatism, with its promotion of competition between individuals over scarce resources and money, laid the ground for individualism and for a heightened concept of the self.

Dumb Money, Day 4

Savings is the diet and exercise of a healthy economy.

Financialized Education  

In Extraenvironmentalist #59 we speak with critical theorist Max Haiven about the financialization of higher education and how it has limited our imagination...Then, we talk to Kio Stark about her recent book Don’t Go Back to School: A Handbook for Learning Anything

Breaking the Cycle of Debt — Toward a Sustainable Financial System

We are living through an unprecedented period of human history. Our population has exploded. We are now nearing or surpassing planetary limits that call into question the future of the global economy. And one problematic idea sits in the middle of it all. That idea is that MONEY = DEBT and its …

The Politics of Debt in America

Shakespeare’s Polonius offered this classic advice to his son: “neither a borrower nor a lender be.”  Many of our nation’s Founding Fathers emphatically saw it otherwise.  They often lived by the maxim: always a borrower, never a lender be.  As tobacco and …

It’s the interest, stupid! Why bankers rule the world

The only U.S. state to own its own depository bank today is North Dakota. North Dakota is also the only state to have escaped the 2008 banking crisis, sporting a sizable budget surplus every year since then.

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