Tag Archives: economy

Trump Already Fading into Irrelevance

Eric Zuesse, originally posted at strategic-culture.org This will be a nonpartisan commentary about U.S. politics, as viewed by an American historian who is disgusted with the profoundly corrupt U.S. Government — not merely the political Parties, but the billionaires who … Continue reading

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The Choice For Venezuela Is Stark: Either Print Money and Fail or Establish Sound Money (USD to the Rescue?)

Let’s start our analysis of Venezuela’s economic plight with two exhibits: Exhibit A is a chart of the market (free) exchange rate of the Venezuelan Bolivar and the U.S. dollar (USD), and Exhibit B is a chart of the USD. … Continue reading

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More Young Adults Are Living With Their Parents Than At Any Time Since the Great Depression

Worst Economy Since Depression Pew reports: More young adults in the U.S. are living with their parents than at any time since around 1940, according to a new Pew Research Center analysis of census data. Across the European Union’s 28 member … Continue reading

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In another sign of the turbulent times for the renewable energy sector, Spain’s Abengoa has declared bankruptcy. The bankruptcy is notable for several reasons. First, it suggests how difficult the transition from conventional energy firms to solvent and stable renewable … Continue reading

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Desperate Putin Not Giving Up On Asia Just Yet

As Russia reels from low oil prices and western sanctions, it continues to try to pivot to the east. Russian President Vladimir Putin traveled to China last week to meet with President Xi Jingping and attend China’s military parade. Naturally, … Continue reading

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As Economy Heads to Another Crash, BIS Acknowledges: We’re Failing

http://deutsche-wirtschafts-nachrichten.de/2015/07/22/maechtigste-bank-der-welt-legt-mandat-zur-rettung-der-weltwirtschaft-zurueck/ World’s Most Powerful Bank Reverses Course, to Avoid a Global Depression German Economic News, Translation (and closing Note) by Eric Zuesse  |  Published: 22:07:15 20:10 clock The Bank for International Settlements (BIS) acknowledges in its annual report that the … Continue reading

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Three New Evidences that Obama Is a Fascist

Eric Zuesse 1: http://america.aljazeera.com/opinions/2014/6/wikileaks-trade-inservicesagreementsecrecy.html and here is more detail on that: http://www.world-psi.org/sites/default/files/documents/research/en_tisaresearchpaper_final_web.pdf and here is even more, the draft document itself: https://wikileaks.org/tisa-financial/press.html Obama, it turns out, thinks that financial services, and all services, are too regulated by governments in public, and should … Continue reading

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The Essential Role of Volatility, Stress and Dissent

The individual or system that never experiences dissent, volatility or stress is systemically unhealthy and increasingly prone to sudden “gosh, I didn’t see this coming” collapse. To say that volatility, stress, dissent are not just healthy, but essential for maintaining … Continue reading

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How To Get a Job Despite the Economy

An entire new feedback loop of accreditation is necessary in the economy we have, and fortunately that feedback is within our individual control. To paraphrase Donald Rumsfeld, we work in the economy we have, not the economy we might want … Continue reading

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