The overriding economic factor for the first half of this decade will be deflation i.e. an economy where prices are falling. Deflation is going to affect every area of the world capitalist economy, particularly profitable investments.
The ignominious collapse of Houston, Texas-based Enron is a powerful reminder of how "business as usual" is conducted in the epoch of capitalist decay and imperialism. This formidable downfall has had far-reaching effects, and there are many lessons that the working class can learn from it. By John Peterson, editor, Socialist Appeal(USA).
The collapse of Enron is the biggest crash in corporate history. In a matter of months the total share "value" of energy firm Enron, the seventh biggest company in America, went from $80 billion to next to nothing. Mick Brooks takes a look at Enron's so-called energy trading.