Deutsche Bank Shares Down 8% to $11.48 today
As usual the apologists for capitalist instabilities cannot see beyond what is euphemistically called “the business cycle”. Business cycle simply means there are oscillations in the market, rather than an accumulating crisis. The apologists ignore that, since 2007, Deutsche Bank has lost 90% of its share values.
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About The Author
Bruce Lerro has taught for 25 years as an adjunct college professor of psychology at Golden Gate University, Dominican University and Diablo Valley College. He has applied a Vygotskian socio-historical perspective to his four books:
From Earth-Spirits to Sky-Gods: the Socio-ecological Origins of Monotheism, Individualism and Hyper-Abstract Reasoning
Power in Eden: The Emergence of Gender Hierarchies in the Ancient World
Co-Authored with Christopher Chase-Dunn
Social Change: Globalization from the Stone Age to the Present and Lucifer's Labyrinth: Individualism, Hyper-Abstract Thinking and the Process of Becoming Civilized
He is also a representational artist specializing in pen-and-ink drawings. Bruce is a libertarian communist and lives in Olympia WA.