Tag Archives: U.S.

Is Capitalism Doomed?

By Nouriel Roubini Project Syndicate, August 15, 2011 NEW YORK – The massive volatility and sharp equity-price correction now hitting global financial markets signal that most advanced economies are on the brink of a double-dip recession. A financial and economic crisis caused by too much private-sector debt and leverage led to a massive re-leveraging of the public sector in order to prevent Great Depression 2.0. But the subsequent recovery ... Read more

Dangerous radiation leaked from three-quarters of U.S. nuclear power plants

Daily Mail Reporter June 21, 2011 Dangerous radiation has leaked from three-quarters of all U.S. nuclear power stations raising fears the country’s water supplies could one day be contaminated. The number and severity of leaks has increased because of the many old and unsafe plants across America, a new investigation has claimed. Radioactive tritium has escaped at least 48 of 65 of all U.S. sites, often entering water around the plants ... Read more