Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
it is not a depression. It is The Great Recession

According novels and movies, the rich committed suicide during the Great Depression of 29. Now the poor commit suicide.

by PerCLupi on Thu Apr 26th, 2012 at 06:30:24 AM EST
[ Parent ]
Galbraith, The Great Crash, p.128:
In the United States, the suicide wave that followed the stock market crash is also a part of the legend of 1929. In fact, there was none.
by gk (gk) on Thu Apr 26th, 2012 at 06:36:13 AM EST
[ Parent ]
Yes. But the current rising wave of suicides in Europe is real. I think I have read something about this.
by PerCLupi on Thu Apr 26th, 2012 at 06:45:39 AM EST
[ Parent ]
Waves of suicides of rich people are comfortable myths to pretend that they share the fate of the poor, whose waves of suicide are always real: The Largest Wave of Suicides in History: Neo-Liberal Terrorism in India (Counterpunch, 12 February 2009)
The number of farmers who have committed suicide in India between 1997 and 2007 now stands at a staggering 182,936. Close to two-thirds of these suicides have occurred in five states (India has 28 states and seven union territories). The Big 5 - Maharashtra, Karnataka, Andhra Pradesh, Madhya Pradesh and Chattisgarh- account for just about a third of the country's population but two-thirds of farmers' suicides. The rate at which farmers are killing themselves in these states is far higher than suicide rates among non-farmers. Farm suicides have also been rising in some other states of the country.


guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Thu Apr 26th, 2012 at 06:48:42 AM EST
[ Parent ]
On April 22, Paul Krugman wrote in El País: "Last week, The New York Times reported on a phenomenon that seems to increasingly in Europe: the suicides "by the economic crisis" of people who kill themselves desperate because of unemployment and business failures. It was a heartbreaking story".
by PerCLupi on Thu Apr 26th, 2012 at 07:30:42 AM EST
[ Parent ]
El País translates Krugman's NYT columns with a delay of a couple of days. In this case: Europe's Economic Suicide By PAUL KRUGMAN (April 15, 2012)

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Thu Apr 26th, 2012 at 08:27:45 AM EST
[ Parent ]
The "Great Recession" is the serious people's attempt (for 5 years now) to deny we're living a Depression. Whether Long, Great or Deep, we don't know yet.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Thu Apr 26th, 2012 at 06:45:13 AM EST
[ Parent ]
With the responses on offer it will be The Long, Great and Deep Depression.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Apr 26th, 2012 at 10:13:17 AM EST
[ Parent ]

Display:

Occasional Series