Tag Archives: Brazil

Coming Recession Being Caused Again By Big Finance

Coming Recession Being Caused Again By Big Finance
The essential point of both the China and USA Federal Reserve policy reversals of 2013-14—policy reversals that are now driving Latin America into recession—is that both policy shifts have their fundamental origins in the financial destabilization behavior of the global finance capital elite. The folks that gave us the 2008-09 financial crash and are in the process of creating yet another.  The shift by the US Fed is clearly a response to ... Read more

Participatory Budgeting’s Birthplace Uses the Mechanism to Build Resilience

Participatory Budgeting’s Birthplace Uses the Mechanism to Build Resilience
Participatory budgeting, whereby governments set aside a certain percentage of public funds to be distributed according to the will of the people, is all the rage these days. Chicago’s 49th ward set aside $1.3 million for an experiment in direct democracy in 2009, kicking off the trend in the U.S., which has since spread to 13 cities across North America and expanded to include underrepresented voices like youth. In the concept’s hometown of ... Read more