Abstract: As one of the most brilliant interventions on the global financial crisis in the international border debate of the economic and social sciences, this article, made by one of the most prominent german economists of our time, based on the thesis of Fifth Section of Book III of the Critique of political economy, explores the ongoing and complex transition from one financial crisis to another since the eighties of last century. It runs from the debt crisis of the Third World to the subprime loan crisis linked to the system real estate, banking, insurance, conduits and credit default swaps. But in addition, in a decisive way, aware of how deep is the current global crisis, overflowing its financial dimension, also show how is an energy crisis, food crisis and climate crisis that shake the history in this century.