Archive for the ‘political’ Category

Comments Off on 10 Years After the 2008 Financial Meltdown, How Has Capitalism Performed for Humanity?

FEE.ORG – Last month marked 10 years since Bear Stearns collapsed and was purchased by JPMorgan Chase. Having lost billions of dollars in subprime mortgage investments, Bear Stearns’ price declined from $30 per share to $2. The shocking news sent the global stock markets tumbling. The financial meltdown of 2008 and the subsequent economic downturn […]