Marcos Arruda

When world recession knocks at the door it’s time to change!!! Basel III does not go to the roots of the crisis

“The “free market” (capital market) system is giving signs of urgently needing replacement by a better one. That replacement I call the social

Without continuous economic growth at all cost – including social and environmental costs, and until the goods of Nature are exhausted – capitalism cannot subsist. The article “Basiléia III” (Basel III), published by O Globo Online1 shows that economic growth is probably going to be
choked off in the wealthy countries, which happen to be the largest markets; accordingly, a second and more protracted world recession is being forecast.