GEOG 216 Lecture Notes - Credit Crunch, Neoliberalism, European Debt Crisis
5 Dec 2012
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Martin p. 613 whilst the over-accumulation crisis tendencies of capitalism attracted the attention of geographers in the 1980s, that concern has since all but evaporated. In the light of the recent financial crisis geographers need to re-ignite that interest . Dinner conversation in places like that, if someone meets you for dinner at all, is less than exotic. The global market today is an electronic herd of anonymous stock, bond and currency traders, sitting behind computer screens. The members of this herd live everywhere there is a trading floor, everywhere there is a. Bloomberg machine, everywhere that someone with a computer screen and modem can buy and sell malaysian ringgits, stocks and bonds. The electronic herd cuts no one any slack. But the rules of the herd are pretty consistent they only recognizes its own rules. But the rules of the herd are pretty consistent .
