Global Economy

arsenyiy obama

In practice, the IMF does not wield “sound economic governance” nor does it protect the vulnerable. It impoverishes entire populations, while providing “prosperity” to a small corrupt and subservient political and economic elite.


The credit card business is the banking industry’s biggest cash cow, largely due to lucrative hidden fees. Visa and MasterCard are independent entities set up by big Wall Street banks, which get about 80% of the fees.


JPMorgan Chase acknowledged that it facilitated the largest Ponzi scheme in history, as Bernie Madoff brazenly turned his business bank account at JPMorgan Chase into a money laundering operation


When the Comex trading floor opened January 30 at 8:20AM, the price of gold inexplicably plunged $17 over the next 30 minutes. The price plunge was triggered when sell orders flooded the Comex trading floor.

Bloomberg News Blames Putin for Russia’s Economic Problems By Eric Zuesse, December 19, 2014
Global Economic Crisis: Finance Is the New Mode of Warfare
Financial Market Manipulation Is The New Trend: Can It Continue? By Dr. Paul Craig Roberts, December 19, 2014
empire of chaos pepe escobar
Empire of Chaos By Jim Miles, December 19, 2014
Depreciation of the Ruble: China Prepares To Bailout Russia? By Tyler Durden, December 18, 2014
Deepening  Economic Crisis: Inflation, Rising Interest Rates, Surge in the Price of Gold and Silver
What Options at the Federal Reserve: A Global Financial Crisis is Looming? By Bill Holter, December 18, 2014
Fed Chair Yellen Reassures Wall Street on Record Low Interest Rates By Andre Damon, December 18, 2014
Foreign Bankers Rape Ukraine By ​​​​F. William Engdahl, December 18, 2014
News Conference of Vladimir Putin: Enhanced Capabilities of Armed Forces. Careful Management of Gold and Currency Reserves By President Vladimir Putin, December 18, 2014
Plummeting Oil Prices By Stephen Lendman, December 17, 2014
More Legislation in Support of War with Russia: Inside The Ukrainian Freedom Support Act By Andrew Korybko, December 17, 2014
Ernst Wolff Pillaging the World English book cover
Pillaging the World. The History and Politics of the IMF By Ernst Wolff, December 17, 2014
“America’s Crazy Path of Sanctions”: Congress Passes Venezuela Sanctions, Obama Expected to Sign By Ewan Robertson, December 17, 2014
wall street
Meet Your Newest “Wall Street Legislator”: Citigroup By Pam Martens, December 17, 2014
Russia’s New Financial Architecture, BRICS and the SCO: Vladimir Putin and Sergei Katryn By President Vladimir Putin, December 17, 2014
A Full-Blown Economic Crisis Has Erupted in Russia By Michael Snyder, December 17, 2014
Gold Repatriation and The Monetary Crisis: Austria, Belgium and The Netherlands Want Their Gold Back By Bill Holter, December 17, 2014
The Mass Looting of Pension Plans Begins as Federal Law Altered to Reduce Pension Payouts By J. D. Heyes, December 17, 2014
The Oil Coup By Mike Whitney, December 17, 2014
Russian Ruble Plummets Losing More Than 20% in a Day, Hitting New Dollar and Euro Lows By RT, December 17, 2014
Russia Pivots to Eurasia for Trade and Military Alliances By Michael Hudson, December 16, 2014
banana peel
Gold, Financial Markets and the International Monetary System: One Foot on a Banana Peel …The Other in a Grave! By Bill Holter, December 15, 2014
U.S. Taxpayers Now Alone in Financing Ukraine’s Ethnic Cleansing Campaign. IMF Says Ukraine Fails to Meet Conditions of $17 Billion Loan By Eric Zuesse, December 15, 2014
CIA “Black Budget” Funding: Never Constrained by its Congressional Budget By Prof Peter Dale Scott, December 15, 2014
wall street
US Spending Bill Bonanza for Wall Street By Stephen Lendman, December 15, 2014
Dying for Industry: Pathological Cruelty to Animals, Industrial-scale Exploitation and Killing By Lesley Docksey, December 15, 2014
Federal Judges Overturn Insider Trading Convictions By Thomas Gaist, December 14, 2014
Market Euphoria: The Mother of All Ponzi Schemes By Stephen Lendman, December 14, 2014
Will Obama's Record War Budget Lead to a US Victory in Afghanistan? Don't Bet On it?
US Budget Resolution Funds War and Repression By Patrick Martin, December 13, 2014
THE SPAILOUT: Stock Markets Tumble. Failure of the Spanish Bailout
The Global Bankers’ Coup: “Bail-In” and the Shadowy Financial Stability Board (FSB) By Ellen Brown, December 13, 2014
Corruption Is Now Officially Legal in the U.S., “But Must Be Done Right” By Eric Zuesse, December 13, 2014
eu central bank
The European Central Bank’s Priority is to Serve the Interests of Big Business By Eric Toussaint, December 12, 2014
U.S. “New Cold War” Policy Has Backfired – And Created Its Worst Nightmare. Shift in Trade Patterns and Military Alliances By Michael Hudson, December 12, 2014
WAR ON IRAN? Baghdad talks on Iran’s nuclear program unresolved
Iran Nuclear Talks: A Perilous Slippery Slope By Prof. Ismael Hossein-Zadeh, December 12, 2014
The Oil Trap: The Devastating Economic Impacts of Spiralling Oil Prices
Will Falling Oil Prices Crash the Markets? By Mike Whitney, December 12, 2014
lavrov UN speech
Russia’s Foreign Minister Sergey Lavrov: The Lessons of History. “No One has Yet Managed to Subjugate Russia” By Sergey Lavrov, December 11, 2014
The European Union Demands that Russia Bail Out both the EU and Ukraine By Eric Zuesse, December 11, 2014
De-Dollarization: Russian Banks Begin Testing New National Payment System By RT, December 11, 2014
Why Is The US Treasury Quietly Ordering “Survival Kits” For US Bankers? By Tyler Durden, December 11, 2014
Bankrupt US Financial System:  The Bubble Bursts and the Economy goes into a Tailspin.
Loss of Control: The Current Financial Bubble is Busting? By Bill Holter, December 10, 2014
Israel’s Economic Relations with the US: “Are you willing to cut commercial ties with Europe?” By Philip Weiss, December 10, 2014
The Negative Interest Rate Policy (NIRP) Spells Financial Disaster? By Bill Holter, December 10, 2014
Climate Change, Global Warming and the Carbon Finance Business By Andrew McKillop, December 09, 2014
Another Wall Street Assassination: Slain MassMutual Executive Melissa Millan Held Wall Street “Trade Secrets” By Pam Martens and Russ Martens, December 09, 2014
The Mother of all Bank Runs! By Bill Holter, December 08, 2014
Bring Down Goldman Sachs and Expose the Financial Coup
When Goldman Writes The New York Fed’s Press Releases, Then All Is Lost By Tyler Durden, December 08, 2014
The “Save the Gold of Switzerland” Initiative. Why the Swiss Central Bank and Government Campaigned Against It By Peter Koenig, December 08, 2014
Congress Gives Native American Lands to Foreign Mining Company With New NDAA By RT, December 08, 2014
new world order
The Engineered Decline in Oil Prices: Economic Warfare is the West’s Main Weapon By Takis Fotopoulos, December 08, 2014
German Foreign Minister Steinmeier’s Great Power Speech to Big Business By Johannes Stern, December 07, 2014
The State of World Capitalism: Labor Productivity Up, Real Wages Down By Patrick Martin, December 06, 2014
Food Safety and the Pro-GMO Lobby: “Anti-science” and a Politically Motivated Agenda By Colin Todhunter, December 06, 2014
Vladimir Putin: America is a Threat to Russia and the World. “True Sovereignty for Russia” is Essential. Presidential Address to the Federal Assembly By President Vladimir Putin, December 05, 2014
Empire of Frack
Oil Prices and Energy Wars: The US Empire of “Frack” versus Russia By Mahdi Darius Nazemroaya, December 05, 2014
The Euro Crisis and the European Fiscal Pact
Economic Depression in the European Union By Nick Beams, December 05, 2014
CANADA: Tax Cuts, Privatization and Deregulation:  Is it a Debt Crisis or a Distribution of Wealth Crisis?
“Dis-Accumulation” on a World Scale: Pillage, Plunder and Wealth By Prof. James Petras, December 04, 2014
Proof that War Is Bad for the Economy
War Is Bad for the Economy By Washington's Blog, December 03, 2014
Market Manipulation of the Gold Market: US Resorts to Illegality to Protect Failed Financial Policies By Dr. Paul Craig Roberts and Dave Kranzler, December 03, 2014
Market Review: The only way to guarantee wealth preservation is to have gold & silver related assets
Trading Pattern in Gold and Silver Has Changed Drastically. What Happens Next? By Bill Holter, December 03, 2014
Infrastructure Collapse Blacks Out Large Portions of Detroit By Thomas Gaist, December 03, 2014
Investigation Finds Dirty Coal Projects Being Financed by Climate Funds By Deirdre Fulton, December 03, 2014
Money Black Hole
Another Ponzi Roll Over of US Treasury Debt By James Hall, December 03, 2014
free trade
Free Trade and the Globalization of Wealth … But for Whom? Sir James Goldsmith, The Prophetic Capitalist By Sam Muhho, December 02, 2014
The Idiotic Economic Theory That’s Causing Governments to Blow Up Their Economies By Washington's Blog, December 02, 2014
Oil Price Crashes, Who Really Wins? By Bill Holter, December 02, 2014
Oil Price Slide Rocks World Economy By Nick Beams, December 02, 2014
New G20 Financial Rules: Cyprus-style Bail-ins to Confiscate Bank Deposits and Pension Funds By Ellen Brown, December 02, 2014
HSBC Accused of Provinding Illegal Financial Services, Money Laundering and Organized Tax Fraud By Pratap Chatterjee, December 02, 2014
Who Owns the Earth? Earth Ecology versus Global Economy By Lesley Docksey, December 02, 2014
The EU to Become a “U.S. Colony”? The Transatlantic Trade and Investment Partnership (TTIP) would Abolish Europe’s Sovereignty. By Peter Koenig, December 02, 2014
Gold Repatriation and the Shortage of Physical Gold: Swiss National Bank Campaigned Against Gold Repatriation Referendum By Daria Chernyshova, December 02, 2014
Guess What Happened The Last Time The Price Of Oil Crashed Like This? By Michael Snyder, December 01, 2014
Uncertainty in the Gold and Silver Markets: Low Prices Will Cure Low Prices? By Bill Holter, December 01, 2014
US Imperialism and Corporate Profits: Making Iraq Safe for American Rice By Christopher Fisher, December 01, 2014
Defending Dollar Imperialism: Ukraine War Driven by Gas-Dollar Link By Mike Whitney, December 01, 2014
EURASIAN ECONOMIC BOOM AND GEOPOLITICS: China’s Land Bridge to Europe: The China-Turkey High Speed Railway
The Free Trade Agreements: The Asia-Europe People’s Forum Call to Action By Socialist Project, November 28, 2014
wall street
The Scale of Wall Street’s Holdings Are “Unprecedented in U.S. History”: Senate Report By Pam Martens, November 28, 2014
italy map
Italians May Vote to Leave Eurozone in 2015 Referendum: Five Star Movement By Global Research News, November 28, 2014
Failing to Break Up the Big Banks is Destroying America
Big Banks Take Huge Stakes in Aluminum, Petroleum and Other Physical Markets, then Manipulate their Prices By Washington's Blog, November 27, 2014
Interview with President Vladimir Putin: The Crisis in East Ukraine, The Sanctions Regime, Russian-German Relations By President Vladimir Putin, November 27, 2014
“The Players in the Gold Market Are Fearful”: Upholding the Dollar through Market Manipulation of Gold and Silver Prices By Greg Hunter and Bill Holter, November 27, 2014