Videos to see
Nov. 14th, 2008 04:53 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
That Sinking feeling - PNG
Industrial Ghosts - USA
The End Of Globalisation - World
March 2007
The Carterets in the Pacific will be the first islands in the world to disappear because of global warming. Sea levels are rising at a phenomenal rate and sea walls, have vanished under the tide.
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It's estimated that by 2015, the Carteret Islands will disappear under the sea. MORE
Industrial Ghosts - USA
June 2008
Detroit was once the symbol of America's industrial power; the birthplace of Ford, the assembly line and the home of GM. But now it feels more like a ghost town littered with abandoned buildings.
In 1913 Detroit was booming but when the Great Depression hit, this abruptly ended. Between 2006 and 2008 four of GM's plants in Michigan closed, and more than 15,000 are homeless in the city.MORE
The End Of Globalisation - World
We chart financial liberalisation in East Asia, privatisation in Latin America, the reckless transition to capitalism in Russia and Chinas more cautious evolution to a market economy. Our vision of the economy is a caring economy, an economy where the State has to be the fundamental engine, not the market explains economic reformer President Hugo Chavez. We ask whether the policies of lending institutions like the IMF have exacerbated financial crises, as its rescue packages have ended up servicing bank debt. Of course these packages end up rescuing private lenders from the consequences of their own actions, admits economist Paul Krugman, echoing concerns about bailout loans.