World Economy: Capitalist leaders desperate to calm turmoil
As their system continues to slide into its worst crisis since the 1930s, the frantic efforts of world capitalist leaders to reverse the process are farcical, contradictory and ineffective. “Is anyone in control? Is this a runaway train?” asked a presenter on a British news programme on Monday evening - the day Wall Street crashed by 6% and markets everywhere plummeted.
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