Monday, 15 September 2008

Monday, September 15, 2008
Hugh 

Trotsky's guide to the credit crunch

More from the home of Trotskyist economics at Newsnight, this time on the Lehman debacle. It's a place where irresponsible lending is 'forcing debt down the throats' of low income families; where the bank's failure is really down to fat cat investment bank bosses trying to protect their future earnings; and where the real question when it comes to assessing the scale of the crisis is 'so how does this compare to the miners' strike?'

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