Randall Wray-k dioenez[1],
a) Orain badakigu, inongo dudarik gabe, krisia iruzurra zela, goitik behera[2].
b) Behin Wall Street Fed-ek eta Altxor Publikoak erreskatatua izan, ez zegoen erreformarako inolako biderik[3].
c) Erakunderik handienak 2007an egin zutena egiten ari dira[4].
d) Ekonomia osoa finantzialdua izan da[5].
e) FIRE sektorea da nagusia[6].
Lanpostuak sortu behar dira[7], eta horretarako ezin da sektore pribatuaz fidatu.
Zer egin?
Gogoratu: “Franklin Roosevelt did it the right way in the 1930s: declare a banking “holiday”, demand resignations from all top management, and refuse to allow banks to open until they had a plan that would lead to solvency.”
[1] Ikus http://www.economonitor.com/lrwray/2013/09/18/five-years-after-lehmans-did-we-learn-anything/.
[2] Wray-k: “The crisis exposed the dangerous and lawless culture prevailing at the world’s biggest financial institutions. We now know, beyond any doubt, that it was fraud from bottom to top.”
[3] Wray-k: “Once Wall Street had been rescued behind closed doors by the US Fed and Treasury (it took $29 trillion!), there was no hope of reform. The biggest institutions just got bigger.”
[4] Wray-k: “They are back to doing the same things they were doing in 2007.”
[5] Wray-k: “The crisis brought into public view the longer term trend toward “financialization” of the entire economy.”
[6] Wray-k: “The FIRE sector gets 40% of corporate profits and 20% of value added. That is, quite simply, crazy. Everything has become financialized.”
[7] Wray-k: “…what do we need? First, jobs. We cannot rely on the private sector to produce them.”
