- The Futility and Corruption of the Drug War
- NYT’s Fake News about Fake News
- Russia Now Runs the Peace Process to End Syria’s War: Part 3
- The Problem with Gold-Backed Currencies
- Does An Anomaly In the Earth’s Magnetic Field Portend a Coming Pole Reversal?
- Tic Toc Why The Clock Stops for Progressives if Trump is Dumped
- Gallup: Americans’ Hostility to Russia Soared After Obama’s 2012 Re-Election
- The Criminalization of Financial Independence
- The Foreclosure Crisis that Caused the 2008 Crash Is Now Ending
- US Gov Egg Promotion Board in Private Emails: Eggs are Unhealthy, Unsafe
- Psychiatrist Who Literally Wrote the Book On Psychiatric Disorders Says “End the … Wild, Unfounded Speculation [On Trump’s Mental Health]” … Trump “Does Not Suffer from the Distress and Impairment Required to Diagnose Mental Disorder”
- Trump’s ISIS Plan: Another US Invasion?
- How India became Bill Gates’ guinea pig: A conspiracy as recounted by the main actors
- Instead of ‘Draining the Swamp’, Trump is Feeding the Alligators
- The “Blind Sheik” And The CIA – Media Again Bury U.S. Support For Radical Islamism
- The Problem with Gold-Backed Currencies on
- Confused about National Security Advisor Flynn’s ‘resignation’ after CIA illegal spying, leak? Partial timeline: Flynn tweeted about ‘elite pedophilia,’ Senator Schumer threatened CIA ‘getting back at Trump,’ Flynn repeated lies for illegal war on Iran, Trump escalates ‘fake news’ rhetoric on corporate media! Want Truth? Without .01% ‘Deep State’ arrests, you’ll never have it on
- Psychiatrist Who Literally Wrote the Book On Psychiatric Disorders Says “End the … Wild, Unfounded Speculation [On Trump’s Mental Health]” … Trump “Does Not Suffer from the Distress and Impairment Required to Diagnose Mental Disorder” on
- The Foreclosure Crisis that Caused the 2008 Crash Is Now Ending on
- The Criminalization of Financial Independence on
- Gallup: Americans’ Hostility to Russia Soared After Obama’s 2012 Re-Election on
- Tic Toc Why The Clock Stops for Progressives if Trump is Dumped on
- Does An Anomaly In the Earth’s Magnetic Field Portend a Coming Pole Reversal? on
- The Problem with Gold-Backed Currencies on
- Russia Now Runs the Peace Process to End Syria’s War: Part 3 on
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Category Archives: Business / Economics
The above is devastating for Clinton and will further diminish her wavering support among non-oligarch US citizens, relegating her to being elected by the anti-democratic means on which she relies, from kick-backs and slush-funds to hundreds of billions of dollars … Continue reading
By Michael Snyder, the Economic Collapse Blog. The Dow closed above 18,000 on Monday for the first time since July. Isn’t that great news? I truly wish that it was. If the Dow actually reflected economic reality, I could stop … Continue reading
There Are Economic – As Well As Military – False Flag Attacks False flag attacks don’t just involve physical deaths and wars … They also involve faked economic events and financial casualties. For example, two officials of the International Monetary … Continue reading
By Michael Snyder, the Economic Collapse Blog. Those that were hoping for an “economic renaissance” in the United States got some more bad news this week. It turns out that the U.S. economy is in significantly worse shape than the … Continue reading
Submitted by Mike Krieger via Liberty Blitzkrieg blog, Asher Edelman just penned a powerful endorsement of Bernie Sanders in the The Guardian titled, I’m the real-life Gordon Gekko and I support Bernie Sanders. So who is Asher Edelman? According to the … Continue reading
Gold and Silver Are Manipulated Deutsche Bank admitted today that it participated with other big banks in manipulating gold and silver prices. In 2014, Switzerland’s financial regulator (FINMA) found “serious misconduct” and a “clear attempt to manipulate precious metals benchmarks” … Continue reading
By Janet Tavakoli, Tavakoli Structured Finance. Ms. Tavakoli is one of the foremost experts on structured finance and derivatives. William Worthington Fowler’s Twenty Years of Inside Life in Wall Street or Reflections of the Personal Experience of a Speculator is … Continue reading
Goldman Sachs has finally admitted to committing fraud. Specifically, Goldman Sachs reached a settlement yesterday with the Department of Justice, in which it admitted fraud: The settlement includes a statement of facts to which Goldman has agreed. That statement of … Continue reading
By Craig Murray, former British ambassador to Uzbekistan and Rector (i.e. president) of the University of Dundee. Craigmurray.org.uk. Goldman Sachs aggressively sold sub-prime packages to investors as a first class product, while at the same time laying equally aggressive bets … Continue reading
The Collective Funding Shortfall of US Public Pension Funds Is THREE TIMES LARGER than Official Figures Showed, and Is Getting Bigger
We’ve reported for 8 years that U.S. pension shortfalls were a grave crisis. The Financial Times reported yesterday that things are indeed bad: The US public pension system has developed a $3.4tn funding hole that will pile pressure on cities … Continue reading
We reported in 2010 that the American Dream has moved abroad. We provided additional details in 2013 and 2014. Today, a very powerful insider – the President of the most powerful Fed bank, the Federal Reserve Bank of New York, … Continue reading
By Ellen Brown, Web of Debt Blog. Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins … Continue reading
Via Vincitori e Vinti:
By Michael Snyder, the Economic Collapse Blog. Has the U.S. economy gotten better over the past six months or has it gotten worse? In this article, you will find solid proof that the U.S. economy has continued to get worse … Continue reading
The Government Accountability Office (GAO) is the non-partisan auditor and investigator for Congress. The GAO says that the U.S. government’s records are so poorly kept that it can’t really audit them. Specifically, the GAO provided a report to Congress yesterday … Continue reading
A Huge Leak The “Panama Papers” tax haven leak is big … After all, the Prime Minister of Iceland resigned over the leak, and investigations are taking place worldwide over the leak. But Why Is It Mainly Focusing On Enemies … Continue reading
Submitted by Mike Krieger via Liberty Blitzkrieg blog, As someone who spends most of his waking hours trying to make sense of the world around him, the Panama Papers leak seemed to represent one of those stories that only come around … Continue reading
By Michael Snyder, the Economic Collapse Blog. If a new financial crisis had already begun, we would expect to see corporate debt defaults skyrocket, and that is precisely what is happening. As you will see below, corporate defaults are currently … Continue reading
As the stock market gyrates higher and lower in a fairly narrow range, the spokesmodels and talking heads on CNBC breathlessly regurgitate the standard bullish mantra designed to keep the muppets in the market. They are employees of a massive … Continue reading
The stock market has regained all of its loses year to date as economic indicators continue to flash red, corporate profits continue to plunge, consumers continue to spend less at retailers, real wages continue to fall, and housing sales continue … Continue reading
[embedded content] Days of Revolt: How We Got to Junk Economics In this episode of teleSUR’s Days of Revolt, Chris Hedges interviews economist Michael Hudson on the history of classical economics and explores Marx’s interpretation of capitalism as exploitation – … Continue reading
Trump and Sanders have whipped up a lot of popular support by opposing “free trade” agreements. But it’s not just politics and populist sentiment … mainstream economists are starting to reconsider their blind adherence to the dogma that more globalization … Continue reading
Eric Zuesse, originally posted at strategic-culture.org NATO Secretary General Jens Stoltenberg announced on February 2nd that he approves of U.S. ‘Defense’ Secretary Ash Carter’s proposal to quadruple U.S. armaments and troops in Europe, against ‘Russian aggression.’ Secretary Carter said earlier that same day, … Continue reading
Eric Zuesse An analysis of Federal Election Commission records, by TIME, which was published on 23 October 2012, just before Obama’s re-election against Republican Mitt Romney, showed that the 2012 donors to Romney’s campaign were already donating more to Hillary Clinton’s 2016 … Continue reading
Eric Zuesse, originally posted at strategic-culture.org “In 2009, US President Obama said that the missile defense only serves as protection from Iranian nuclear missiles. But now there is an international treaty with Iran that bans Tehran from developing a potential military nuclear project. … Continue reading
Eric Zuesse America’s military budget is roughly 7.2 times that of Russia ($610 billion compared to $84.5 billion), but even Western news-accounts are saying that the weaponry produced in Russia is superior overall to the weaponry produced in the United … Continue reading
We’ve repeatedly warned that the Federal Reserve government will impose negative interest rates, just like other central banks are now doing. After all, former Fed chair Bernanke said last week that the Fed is likely to impose negative rates during … Continue reading
Pulitzer-winning journalist Chris Hedges interviews John Ralston Saul, an ‘award-winning philosopher, novelist and essayist’ who is considered ‘Canada’s leading public intellectual’. Some points detailed in the discussion: -Neo-liberalism / neo-conservatism relate to neither ‘liberalism’ or ‘conservatism’. They are an ideology … Continue reading
Image: MarketWatch Japan has joined the EU, Denmark, Switzerland and Sweden in imposing negative interest rates. Indeed, more than a fifth of the world’s GDP is now covered by a central bank with negative interest rates. The Wall Street Journal … Continue reading
By Ellen Brown, EllenBrown.com The world is undergoing a populist revival. From the revolt against austerity led by the Syriza Party in Greece and the Podemos Party in Spain, to Jeremy Corbyn’s surprise victory as Labour leader in the UK, … Continue reading
Pulitzer-winning journalist Chris Hedges interviews Gary L. Francione, ‘Board of Governors Distinguished Professor of Law and Nicholas deB. Katzenbach Scholar of Law and Philosophy at Rutgers University School of Law-Newark. Francione received his M.A. in philosophy and his J.D. from … Continue reading
Eric Zuesse, originally posted at strategic-culture.org On January 21st, George Soros, who has throughout his life been passionately opposed not just to communism but also to Russia, finally stated in a Bloomberg News interview at the World Economic Forum, that … Continue reading
Abby Martin interviews Dr. Vijay Prashad, professor of International Studies at Trinity College and author of several books. Dr. Prashad explains that the US allows Turkey to keep its border porous, benefiting ISIS and other groups working to overthrow Syria’s … Continue reading
By David Haggith, the Great Recession Blog. In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as … Continue reading
Why the Black Hole of Deflation Is Swallowing the Entire World … Even After Central Banks Have Pumped Trillions Into the Economy
Deflation Threatens to Swallow the World Many high-powered people and institutions say that deflation is threatening much of the world’s economy … China may export deflation to the rest of the world. Japan is mired in deflation. Economists are afraid … Continue reading
Top Economist – Who Predicted the 2008 Crash – Confirms What Alternative Financial Sites Have Been Saying for a Decade
And Wise People Have Been Saying for Thousands of Years William White is one of the world’s top economists. He was the head economist for the Bank for International Settlements (BIS) – the world’s most prestigious financial institution, called the … Continue reading
The US illustrates to ISIS, and the world, that the path to the seat of regional and then global power is genocide, land-theft, mass enslavement, never paying reparations, then wielding this illegally and brutally obtained money and military hardware over … Continue reading
Contrary to widespread claims by industry promoters, nuclear is NOT a low-carbon source of energy, and funding nuclear crowds out the development of better sources of alternative energy. Mark Jacobson – the head of Stanford University’s Atmosphere and Energy Program … Continue reading
Eric Zuesse, originally posted at strategic-culture.org Two key allies of the United States are the fundamentalist-Sunni governments of Qatar and Saudi Arabia — two fundamentalist Sunni countries whose ruling families are (like the U.S. Government) hostile to countries that are … Continue reading
By Michael Snyder, the Economic Collapse Blog. It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the … Continue reading
Eric Zuesse, originally posted at strategic-culture.org Barack Obama’s Presidency turns out to have been what neither his supporters nor his opponents expected. A balanced historical view of his performance in office will take a long time to develop, but enough … Continue reading
By Ellen Brown, Web of Debt. In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed’s “independence” by tapping its reserves and bank dividends for infrastructure funding. The bill was a start. But some experts, including Congressional … Continue reading
Eric Zuesse The same person, Teddy Roosevelt’s grandson, who planned and headed the CIA coup to overthrow Iran’s progressive secular democratic anti-communist President Mohammed Mossadegh in 1953, and to replace him with the brutal dictator Shah Reza Pahlevi, so as … Continue reading
In 1997, Apple Stock Hit a 12-Year Low that Was At Least Partially Caused By a Single Sale of 1.5 Million Shares ($22.5 Million) By an Anonymous Party. This Helped Jobs Convince the Board to Oust the Old CEO and Appoint Jobs As the Replacement. Jobs Later Admitted to Being the Anonymous Party
Wikipedia notes: During [former Apple CEO] Amelio’s tenure Apple’s stock continued to slump and hit a 12-year low in Q2 1997 that was at least partially caused by a single sale of 1.5 million shares of Apple stock on June … Continue reading
One of the Main Causes of Our Economic Problems The central banks of the United States, England, and German – as well as 2 Nobel-prize winning economists – have all shown that banks create money out of thin air … … Continue reading
Eric Zuesse Existing narcotics policies lock-up addicts, punish them, instead of deal with the problem, which is the explosion of burglaries and robberies that are produced by addicts. Those thefts are resulting actually from the inflated, black-market, price that addicts … Continue reading
Submitted by Mike Krieger via Liberty Blitzkrieg blog, When it comes to the Fed, Congress is mired in hypocrisy. The anti-regulation, de-regulation crowd on Capitol Hill shuts its mouth when it comes to the most powerful regulators of all – … Continue reading
Eric Zuesse Now that the Republican Party controls over two-thirds of America’s 50 State Senates, and also over two-thirds of America’s 50 State Houses, the Republican Governor of Texas, Greg Abbott, has laid out a plan to impose upon the nation a new … Continue reading
“Future Economic Historians” Will Probably Call the Period That Began In 2007 “the LONGEST DEPRESSION”
Sure, last year was the first pre-election year stock market loss since the Great Depression. And admittedly, this week was the worst opening week of any year … EVER. But that’s not the big news. The big news is that … Continue reading