A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
October 28, 2008
Pity Iceland, scorn the IMF
Per the normal “austerity measures” the International Monetary Fund inflicts on client countries, Iceland is raising interest rates to 18 percent. Now tell me, just how is this actually supposed to help Iceland’s economy recover?
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