File(s) under permanent embargo
How the financial crisis sundered the dream of the autonomous subject
journal contribution
posted on 2008-01-01, 00:00 authored by Mark FurlongThe article discusses the effect of the 2008 economic meltdown on self-reliance. Banks are noted to have honored credit default swaps and purchase mortgages as collateralized debt obligations (CDO) with the option of buy back at face value. Also discussed are the Wall Street Bailout, the Australian banking system and the overseas debt of Australia.