This is one of the best, most concise explanations of many of the current contradictions of capitalism--debt crises, balance of payments problems, unemployment, depressed wages, economic collapse, etc--that I have seen.
This instability is leading to declining standards of living around the world, which is resulting in civil unrest in Europe, increasingly nationalistic rhetoric, global lawlessness in the form of cyber-attacks and piracy, and military build-ups. The big banks that intermediate these flows like this situation. So does China, whose mercantilist policies are allowing the acquisition of a massive industrial base. And the oil producers do as well, because of the wealth and power they acquire through a global dependence on their resource.But contrary to the suggestions in the final paragraph, there is no permanent "way out of this box" under the present system.