The China crisis is a creation of the US free trade ideologues. Former Asst Secretary of the US Treasury Paul Craig Roberts explains how offshoring of US companies and open immigration have created the huge US trade deficit with China and a looming employment crisis.

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Housing Bubble 101: Sub-primal Scream

‘Greed is good. Or is it?” Commentator Joseph L Elkhorne explains that the rot in the US banking system is deeper than sub-prime loans. Mortgage pools and hedge funds are potential bombs waiting to explode.

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