1929: Can it happen again?

This article was originally written on the occasion of the seventieth anniversary of the 1929 Wall Street Crash. It was not intended purely as a commemorative or historical piece. It was written because, to Marxists, all the signs were then apparent that another stock price ‘correction’ was in preparation. In 1998 Long Term Capital Management […]

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Nationalise Auckland Airport

Finance Minister Michael Cullen announcement that the Labour coalition government was immediately tightening the country's overseas investment rules with regard to stopping strategic assets falling into foreign ownership was an initial setback to the Canadian Pension Plan Investment Board (CPPIB) in its attempt to take over Auckland Airport: the country's international gateway.

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