Resolution of the International Secretariat of the CRFI
The World Capitalist Bankruptcy
The world capitalist crisis, universally acknowledged as the worst in the history, has not ended; we are in the midst of its unfolding. At the end of 2009, the specter of sovereign defaults from Dubai and Greece to Ireland shaking the Euro-zone and the European Union as a whole and revealing the catastrophic impact of the mountains of debts on capitalist States all over the planet, starting from the United States themselves, belied early claims for a recovery.
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