World Economic Crisis

This resolution was unanimously agreed at August meeting of CWI’s International Executive Committee. We are rapidly approaching a decisive turning point in world relations with a slowdown in the world economy increasingly pointing towards a deeper downturn, including the possibility of a 2008-9 type financial crash. Such a development would find capitalism far less prepared […]

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China – Crisis set to deepen

Year of the Monkey opens with economy in worst situation for decades As its factories restarted after the Chinese New Year holidays, China was facing its worst economic crisis in decades. The government’s official data do not give the true picture, maintaining the fiction of GDP growth of 6.9 percent in 2015. Even this represents […]

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China: Hard landing in 2015?

Vincent Kolo is a contributor to chinaworker.info. China’s economic slowdown already being felt throughout world economy “The most important number in the world, for the past 30 years and next five years, is China’s growth rate,” declared BBC Economics Editor Robert Peston. With a stream of data confirming a pronounced slowdown in the Chinese economy, […]

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Argentina: Return to turmoil

Danny Byrne is a member of the Committee for a Workers’ International. Debt crisis is back – the class struggle and tasks for the Left Over a decade has passed since the Argentinian financial crash of 2000-2002, which led to one of history’s biggest sovereign defaults. The dominant narrative has it that the ensuing period […]

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