Presented by Dr Gavin Putland Thursday November 6th, 6.45pm As the panic sets in and discussions about a new financial framework at the Bretton Woods 2 meeting grow, Dr Putland will measure up the trends that continue to lead us into asset bubbles. What can be done to avoid them? What should the G20 countries [...]

photo credit: TheeErin Some A$2 trillion has been pumped into banks globally. Last night saw a record amount of commercial paper sold in the US, with the Fed buying some US$60 billion in debt. A record day in the US sharemarket followed. How many more days like that will last until the Fed’s kitty needs [...]

photo credit: Sepperer Markus | www.weltraumsepp.blogspot.com We don’t think so. And neither does Dr Michael Hudson in this riveting interview (thanks to Guns and Butter, KPFA radio). Please listen. Forward this on. Hudson sums up the issues behind the credit crunch and the mystery behind the details of the bankers bailout in a damagingly direct [...]

Fred Harrison Press Conference at the Foreign Press Association, London

photo credit: azrainman Will it ever be learnt? The Greenspan playbook of cutting interest rates pushed the asset bubble ever higher and higher in the early to mid 90′s. Now Australia’s Reserve Bank governor Glenn Stephens is endeavouring to do the same. And gee whizz the markets rally. Surely this is an act of panic. [...]