Search Results for: redistribution

Could Obama’s Legacy Be Destroyed by His Ukraine Policy? What to Do About It –

Eric Zuesse The Ukrainian Government that the Obama Administration installed after Obama’s successful coup d’etat in Ukraine is now crashing and burning in the process of the newly installed Government’s ethnic-cleansing program to get rid of the people in Ukraine’s southeast, the area of Ukraine that had voted … Continue reading

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Standard & Poor’s: Runaway Inequality Dampens GDP Growth, Leads to Boom/Bust Cycles and Discourages Trade, Investment and Hiring

Inequality Also Dampens Social Mobility, Increases Political Pressure and Produces a Less Competitive Workforce Standard & Poor’s released a report on inequality today, concluding: Higher levels of income inequality increase political pressures, discouraging trade, investment, and hiring. Keynes first showed that … Continue reading

Posted in Business / Economics, Politics / World News | 2 Comments

Almost 3 Times As Many People DROPPED OUT of Labor Force As Joined It

“Rarely Does A Monthly Report On The United States Job Market Look So Terrific On The Surface While Being So Disappointing Underneath” The New York Times’ Neil Irwin gives a balanced view of the new jobs numbers: Rarely does a … Continue reading

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Piketty Is Rickety On Government Complicity

Bad Government and Central Bank Policy Are the MAIN CAUSE of Runaway Inequality French economist Thomas Piketty’s book on inequality – Capital in the Twenty-First Century – has gone completely viral. Mainstream economists like Paul Krugman and Joseph Stiglitz endorse … Continue reading

Posted in Business / Economics, Politics / World News | 13 Comments

Bank of England Admits that Loans Come FIRST … and Deposits FOLLOW

The Bank of England Corrects a Widespread Myth The above is from a new official video released by the Bank of England. The Bank of England notes in a new article: Broad money is a measure of the total amount … Continue reading

Posted in Business / Economics, Politics / World News | 41 Comments