global economic collapse

I. The Death of Capitalism?A recent MarketWatch article written by Chris Oliver discussed how a financial author named Richard Duncan believes that capitalism is dead and credit is forming the basis of the contemporary economic system. According to the article, Duncan has said that "this...

"It happened that a fire broke out backstage in a theater. The clown came out to inform the public. They thought it was just a jest and applauded. He repeated his warning, they shouted even louder. So I think the world will come to an end amid general applause from all the wits, who believe that...

"Alas," said the mouse, "the whole world is growing smaller every day. At the beginning it was so big that I was afraid, I kept running and running, and I was glad when I saw walls far away to the right and left, but these long walls have narrowed so quickly that I am in the last chamber already...