Lehman Brothers and the US as ‘a sharecropper society’
15th September, 2008.
Today’s news - of the collapse of Lehman Brothers, the sale of Merrill Lynch and of the difficulties of AIG - are momentous and of truly historic significance. While there is much more to be said about what is going on within the financial system, today I want to stand back and look at the bigger picture.




Welcome to my blog about the financial crisis. I'm Ann Pettifor, author and analyst of the global financial system, and co-author of the Green New Deal. I predicted an Anglo-American debt-deflationary crisis back in 2003, and am known for my work on sovereign debt and international finance, including Jubilee 2000. Currently a fellow of the