gerrygold

About Gerry Gold

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So far Gerry Gold has created 32 blog entries.

How a pandemic led to financial contagion

March 16th, 2020|real democracy|0 Comments

FTSE 100 falls 7% despite banks’ intervention

The coronavirus pandemic has triggered a contagious crash in the world’s stock and money markets already inflated and distorted by cheap credit intended for but […]

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Setting the record straight – jazz & justice

November 21st, 2019|Music, real democracy|0 Comments

Jazz is enjoying a new wave of popularity. A gig by Kamasi Washington, the last musician named in Gerald Horne’s Jazz and Justice, attracts big crowds, and […]

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Governments have fuelled a new toxic debt crisis

October 29th, 2019|debt, Economy, finance, real democracy|0 Comments

Experts are busy assessing the signs of an oncoming global recession and a new financial crash, poring over charts, columns of figures and graphs, reading about warnings from […]

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Global economic car crash?

The announced closure of Ford’s engine plant in Bridgend, South Wales in 2020 is emblematic of the continuing decline of capitalist production worldwide. In May, global manufacturing output crossed the […]

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Why capitalism is crisis

December 21st, 2018|capitalism, Economy, system failure|1 Comment

Pre-Christmas headlines about the economy, local and global, tell their own story.

UK: “Asos slumps on profit alert as retail bloodbath spreads online”;
Canada: “Alberta is in panic mode” as oil […]

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Call time on neoliberal-driven climate disaster

Everything that people depend on for their daily lives has not just been disrupted, it’s […]

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A decade after the crash, a fairer, kinder capitalism is simply delusional

Ten years ago, the world economy ground to a halt in the wake of the biggest financial crash in the history of capitalism. The vastly overinflated atmospheric […]

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Tories ignore global heatwave and give backing for fracking

No to frackingIn the midst of the global heatwave, energy minister Claire Perry’s approval of the first UK fracking licence under its […]

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How short-term production and profit is wrecking our food system

March 15th, 2018|real democracy|0 Comments

Billions of people around the world are drinking water contaminated with plastic. According to samples analysed by scientists, the US has the highest rate of contamination – […]

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After Carillion, what is the private sector for? Good question!

The collapse of Carillion, which made its money by sucking resources out of the public sector, begs the question: What use to society is the private sector of capitalism, when all is said […]

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Carillion collapse spells system failure

The collapse of Carillion and the threat to thousands of jobs worldwide is not just an indictment of the infamous public-private partnership model beloved of UK governments for the last 30 years. It […]

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How the 1% protect their wealth at our expense

Early in 2016 it was the Panama Papers, then, late […]

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Bitcoin fever could spark new crash

 

 

 

 

 

In less than a year the price of a Bitcoin has soared from less than $1,000 to $17,000 (almost $20,000 at one point). […]

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Hammond reboots austerity at our expense

November 23rd, 2017|Brexit, capitalism, Corbyn, Economy|0 Comments

Things are going to get harder, and harder and harder.

So said Paul Johnson, director of the Institute for Fiscal […]

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Defeating corporate forces behind Paradise Papers

November 7th, 2017|capitalism, Corbyn, finance|1 Comment

The Paradise Papers revelations show that neither a Labour government in the UK, nor any other national government can match up to the […]

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The UK’s ‘economic model’: what it is and how to change it

 

With the Tories in increasing disarray and Labour leading in the polls, Jeremy Corbyn hammered home his party’s advantage at the Cooperative Party’s 100th […]

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