This Left Forum panel chaired by William Tabb (Queens College, CUNY) and features David McNally (York University), Jane D’Arista (Financial Markets Centre), Michael Kratke (University of Amsterdam), and Robin Blackburn (New School University) The panelists express their views about how and why the current economic crisis occurred and offer predictions about how bad it’s going to be. The general consensus among panelists is that it will be long-term, it will be deep, and it will be global. The financial system, within which the banks play a central role, is dealing with massive institutional insolvency. Organized by the Rosa Luxemburg Foundation.
Filmed March 2008; 68 minutes.