Everywhere it’s the same modus operandi: public debt underwritten by private sources used to curtail public expenditures so as to contract the economy, thereby creating crisis conditions for both the public sector and that of, in relative terms, small to medium sized businesses, to say nothing of the manner in which both rising unemployment and the threat of it depresses already woefully inadequate wages. The end game — as it has actually been since the time of the land enclosures in England — is the seizure of local assets, whether private or public. The result, in human terms, is the intolerable distress that comes from bankruptcy and joblessness and a foreclosed future.
टैग्स » Current Affairs
On12th March 1993, known as the Black Friday, a series of 12 bomb explosions took place, which killed 257 people, 713 people were injured and property of worth 27 crore was destroyed. 1,988 more words