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The God That Failed
The 30-Year Lie of the Market Cult
Floyd, Chris http://www.counterpunch.org/floyd10132008.html
Publisher: CounterPunch
Date Written: 13/10/2008
Year Published: 2008
Resource Type: Article
Perhaps the most striking fact revealed by the global financial crash -- or rather, by the reaction to it -- is the staggering, astonishing, gargantuan amount of money that the governments of the world have at their command. In just a matter of days, we have seen literally trillions of dollars offered to the financial services sector by national treasuries and central banks across the globe.
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