Nèdeem Elmahjoub's blog

By someone with a career in the IMF Ten reasons why a 'Greater Depression' for the 2020s is inevitable

How one of the hardcore defenders of the capitalist system becomes very critical of governments and "leaders." He provides sound advice to get out of the crisis. " The world has come into this moment with divisions among its great powers and incompetence at the highest levels of government of terrifying proportions. We will pass through this, but into what? "A microbe has overthrown all our arrogance"? Whose arrogance? "The world economy is now collapsing" Related:  The post-pandemic slump

War economy? Related: We are not the virus (I don't see though what the figure mentioned refers to: " During a crisis that has killed hundreds of thousands of people..."

Then as now, the question still stands: "Which side are you on?" In Dubious Battle (a movie) (close a few pop up windows and select 'openload')

"A spectre is haunting the British media: the spectre of negative takes on capitalism. Ever since the academic and writer  Ash Sarkar uttered the words  “I’m a communist, you idiot” on national television, the right has recoiled in horror. The alacrity with which commentators jumped on Sarkar’s off-the-cuff comment to relitigate the cold war is deeply revealing." Condemn communists' cruelty, but capitalism has its own terrible record

Learning from the Great Depression