1. I’m dreaming of a global debt strike. Third world debt, student debt, credit card debt, ALL DEBT. Debt is the mechanism by which capitalism keeps us compliant. Just imagine if we could start again…

     
  2. fuckyeahmarxismleninism:

    Overall, black men have it the worst, with joblessness at a staggeringly high 19.1%, compared to 14.5% for black women.

    Black unemployment has now remained above 10% for four straight years, and the given current economic sluggishness, some experts say it’s safe to predict the rate will remain above 10% for four more years.

    Latinos saw their unemployment rate remain unchanged at 11.3% in August. Unemployment remains at 9.1% for the country as a whole.

     
  3. fuckyeahmarxismleninism:

    If the economy falls back into recession, as many economists are now warning, the bloodletting could be a lot more painful than the last time around.

    Given the tumult of the Great Recession, this may be hard to believe. But the economy is much weaker than it was at the outset of the last recession in December 2007, with most major measures of economic health — including jobs, incomes, output and industrial production — worse today than they were back then. And growth has been so weak that almost no ground has been recouped, even though a recovery technically started in June 2009.