How might the current financial crisis shape financial sector reguThe current financial crisis was triggered by increasing defaults on subprime mortgages and the turn of the housing cycle in the United States. However, it ... Read more... |
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| There is no evidence of human-induced financial crisis |
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It’s disappointing that Crikey, like others in the liberal media, have fallen for the nonsensical line that the so-called "financial crisis" is either real or requires urgent action. Anyone who disputes this claim, which is advanced with evangelical fervour by its advocates, is howled down as a heretic and a "denialist". The days of the witch-hunt are truly back. Put simply, there is no evidence of a human-induced financial crisis, regardless of the hysterical claims advanced in trendy films like Al Gore’s Inconvenient Loot.
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| Last Updated on Sunday, 22 February 2009 21:08 |