economy

A blog of those that support the Occupy Wall Street protests, that began in New York in September and have since spread to hundreds of US cities, hosts a series of personal testimonies from ordinary people across the United States. It indicates the source of the deep anger at the corporate elite that have become rich off their suffering. A selection are published below.

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Speaking in Rome on September 15, Lorenzo Bini Smaghi, Italian executive board member of the European Central Bank (ECB), said of the design of the euro: “The assumption was made ― largely theoretical ― that there would be no crises.”

Oh, indeed. And now with Europe and the world showing every sign of dipping into a recession that will further stress Euope's common currency, what is to be done?

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