{"id":264,"date":"2022-01-21T00:00:00","date_gmt":"2022-01-21T00:00:00","guid":{"rendered":"http:\/\/pacs.org.br\/novo-marcos-arruda\/massa-critica\/when-world-recession-knocks-at-the-door-its-time-to-change-basel-iii-does-not-go-to-the-roots-of-the-crisis\/"},"modified":"2022-10-13T15:21:28","modified_gmt":"2022-10-13T15:21:28","slug":"when-world-recession-knocks-at-the-door-its-time-to-change-basel-iii-does-not-go-to-the-roots-of-the-crisis","status":"publish","type":"massa-critica","link":"https:\/\/pacs.org.br\/marcosarruda\/massa-critica\/when-world-recession-knocks-at-the-door-its-time-to-change-basel-iii-does-not-go-to-the-roots-of-the-crisis\/","title":{"rendered":"When world recession knocks at the door it&#8217;s time to change!!! Basel III does not go to the roots of the crisis"},"content":{"rendered":"\n<p>&#8220;The \u201cfree market\u201d (capital market) system is giving signs of urgently needing replacement by a better one. That replacement I call the social market. Without continuous economic growth at all cost \u2013 including social and environmental costs, and until the goods of Nature are exhausted \u2013 capitalism cannot subsist. The article \u201cBasil\u00e9ia III\u201d (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.<\/p>\n\n\n\n<p>[&#8230;]<\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-84e6835f-6c44-4133-9cf2-4ef7a93d075d\" href=\"http:\/\/pacs.org.br\/wp-content\/uploads\/2022\/01\/PUB_PACS_2010_005.pdf\">Download here<\/a><a href=\"http:\/\/pacs.org.br\/wp-content\/uploads\/2022\/01\/PUB_PACS_2010_005.pdf\" class=\"wp-block-file__button\" download aria-describedby=\"wp-block-file--media-84e6835f-6c44-4133-9cf2-4ef7a93d075d\">Baixar<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The \u201cfree market\u201d (capital market) system is giving signs of urgently needing replacement by a better one. That replacement I call the social market. Without continuous economic growth at all cost \u2013 including social and environmental costs, and until the goods of Nature are exhausted \u2013 capitalism cannot subsist. The article \u201cBasil\u00e9ia III\u201d (Basel III), [&hellip;]<\/p>\n","protected":false},"featured_media":415,"template":"","class_list":["post-264","massa-critica","type-massa-critica","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/pacs.org.br\/marcosarruda\/wp-json\/wp\/v2\/massa-critica\/264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pacs.org.br\/marcosarruda\/wp-json\/wp\/v2\/massa-critica"}],"about":[{"href":"https:\/\/pacs.org.br\/marcosarruda\/wp-json\/wp\/v2\/types\/massa-critica"}],"version-history":[{"count":1,"href":"https:\/\/pacs.org.br\/marcosarruda\/wp-json\/wp\/v2\/massa-critica\/264\/revisions"}],"predecessor-version":[{"id":470,"href":"https:\/\/pacs.org.br\/marcosarruda\/wp-json\/wp\/v2\/massa-critica\/264\/revisions\/470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pacs.org.br\/marcosarruda\/wp-json\/wp\/v2\/media\/415"}],"wp:attachment":[{"href":"https:\/\/pacs.org.br\/marcosarruda\/wp-json\/wp\/v2\/media?parent=264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}