Great Depression
latest news & developments
Banking shock exposes cheap cash addiction
The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
Macroeconomic policy options beyond Covid-19 depression
Measures need to lay the foundations of a new economy and society post the pandemic
The Great Recession looms in South Africa’s future
The extent and length of the journey depend on a few factors, but a hard landing seems unavoidable
An unprecedented crisis: The economic ramifications of Covid-19
The ways in which we respond to the coronavirus pandemic will determine the world that greets us when we emerge from lockdown
Our fears don’t tell the whole story
Don’t let negative headlines blind you to the fact that humanity is healthier and wealthier than ever before
Now is the time for workers to fight for socialism
The sixth presidential council of the World Federation of Trade Unions’ meeting in Johannesburg brings back the socialism debate.
US searches for a cultural response to economic hardship
We will have to wait to see if the US downturn produces anything to rival the cultural achievements that came out of the Great Depression.
Road to hell paved with bank bailouts
Economist says the bailout money would have achieved more if it had simply been given to the public.
Financial crisis revives memories of Great Depression
When Wall Street crashed in 1929, retiree Helen Haas remembers lining up with her mother at a Chicago bank to withdraw her in savings.