(I read Napoleoni's book over the summer. A passionate analysis of "rogue economics" from an economist with extensive experience working in the global financial system.)
European, Asian Markets Plunge as Recession Fears Spread Worldwide
As stock indexes plunge across Europe and Asia, Britain unveiled plans today to inject up to 50 billion pounds—close to $90 billion—into its biggest retail banks. Recent efforts to bolster world credit markets have failed to stem fears that the spreading financial crisis could lead to a global recession. We go to Rome to speak to economist Loretta Napoleoni, author of Rogue Economics: Capitalism’s New Reality.
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