Round 2 of “British banks being battered”, get the popcorn in

I got this graph sent to me from inside RBS (they don’t have so much do to now that there’s no money left for them to count). Speaks for itself, really. Where did all that money go? Did it ever really exist?

"Market capitalisation" of various banks, now and 2 years ago

Eruptions of anger in Iceland

One of the weekly demonstrations in Reyjavik

Not to be outdone by Greece, the economic crisis has brought out a wave of popular anger in Iceland as well. This article by AFTAKA, Direct Action in Iceland is an excellent, detailed roundup of what’s going on there.

Including

More on the banks

Collecting some more resources to try and understand the banking crisis. The previously mentioned audio talk has been turned into this video:

This new website, Bail us out, has been set up to argue that the billions used to bail out the banks would be better used paying off consumer debt. They’re looking for people to submit stories about why they should have their debt dropped first.

For anarchist views on economics generally, there’s the Anarchist FAQ. Section C, “What are the myths of capitalist economics?” would be a good place to start.

If you have links to any more useful resources / analyses, please let us know through the comments.