Too Big To Jail: Wall St. Execs Unlikely to Face Criminal Charges, Source Says

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A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy is unlikely to lead to any criminal charges against big bank executives, according to a source close to the investigation.

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Five Years Since The Great Financial Crisis: “No Growth, No Deleveraging” | ZeroHedge

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Finally, this article proves that the European chorus screaming for “growth” when everyone knows it demands merely more of the same drug – debt – is 100% wrong, and that while the underlying causes of “growth” are there, the only thing missing are the symptoms. DB’s Jim Reid provides the charts and facts:

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George Soros To Germany: Lead Europe From Crisis Or Get Out – Huffington Post

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VIENNA, Sept 8 (Reuters) – Germany should leave the euro zone if it is not prepared to take a more decisive lead in helping the euro zone’s weaker nations escape a spiral of increasing indebtedness and economic decline, veteran financier George Soros said on Saturday.

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Spain Experiments with Alternative Economics | Dissenting Democrat

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As Spain’s economic recession has continued to deepen, conditions for people within the country are expected to get worse following austerity measures that increasingly cut into everyday economic survival, Reuters reports Tuesday. However, as many economists grapple over numbers, and search for signs of hope for a free market revival, many people within Spain have increasingly started to turn to alternative currency systems, or parallel euro- free economies — giving up the ghost of a neoliberal recovery in exchange for a new way.

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On the Dispersal of Power from the State to Society

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“By now we can also see that Gramsci was right: as the relation between state and society changed in the twentieth century, so did the nature and scope of politics, and with these the meaning of revolution as such. Accordingly, we can adopt a new perspective on the transition from capitalism to socialism, one that corroborates Marx’s anti-apocalyptic narrative of this transition in Capital: Volume III.

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