Global Economy


Financial markets are rigged by the megabanks. Powerful financial institutions including JP Morgan Chase, HSBC, Goldman Sachs, Citigroup, et al and their affiliated hedge funds have the ability of “pushing up” the stock market and then “pulling it down”.


When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around $700 trillion in global derivatives.


“Hitting depositors” could become the “new normal” of this diabolical project, serving the interests of the global financial conglomerates. There are provisions in the US, Canada and the EU pertaining to the outright confiscation of bank deposits.


The BRICS Development Bank (NDB) & its Contingency Reserve Arrangement (CRA) are dollar denominated entities. Unless they are coupled with a multi-currency system of trade & credit, they do not threaten dollar hegemony.

Differing Views on China’s “Faltering Economy”, Growing Faster than “Stagnating Western Economies” By Stephen Lendman, September 01, 2015
“Something” Just Happened! China’s Gold Stocks, Dumping of US Treasuries, Quantitative Tightening (QT), Oil Markets By Bill Holter, September 01, 2015
Michael Hudson
Wall Street Parasites Have Devoured Their Hosts — Your Retirement Plan and the U.S. Economy. Michael Hudson By Pam Martens, September 01, 2015
Chinese vs. US currency
Washington’s Financial Currency War on China: The Eclipsing of the US Dollar by the Yuan By Mahdi Darius Nazemroaya, August 31, 2015
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The Dying Institutions Of Western Civilization. Nothing Is Left By Dr. Paul Craig Roberts, August 31, 2015
$1.8 Billion IMF Ukraine Bailout Money Deposited in Ukraine Oligarch Kolomoyskyi’s Cyprus Offshore Bank Account By Sputnik, August 31, 2015
Central Banks Step In to Prop Up Global Financial Bubble By Andre Damon, August 31, 2015
Robots Will Cut 25% of US Jobs in 4 years, Transform Workforce By RT, August 29, 2015
Greece – A new Beginning? – New Hope? New President. The Legality of the Austerity Bailout Package By Peter Koenig, August 29, 2015
Financial Times Calls For Abolishing Cash. “To Give More Power to Central Banks” By Paul Joseph Watson, August 28, 2015
Looting Made Easy: the $2 Trillion Buyback Binge By Mike Whitney, August 28, 2015
It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington By Tyler Durden, August 28, 2015
China’s Economic Downturn Raises Concerns about Political Instability By Peter Symonds, August 28, 2015
The Bilderberg Plan for 2009: Remaking the Global Political Economy
Globalization, Urban Transformation and the Destruction of Local Economies By Sofia Manukyan, August 28, 2015
VIDEO: Will China's Yuan Overtake US Dollar?
The Devaluation of the Yuan Tests China’s Rise as a World Power By Ariel Noyola Rodríguez, August 27, 2015
Behind the Market Crash: The Smoke and Mirrors of Corporate Buybacks By Michael Hudson, August 27, 2015
“The Media Lies for A Living”: The Decline in the US Stock Market is “The Fault of China” By Dr. Paul Craig Roberts, August 27, 2015
China Financial Markets “Carefully Rigged”. Instruments of Stock Market Manipulation By Prof Michel Chossudovsky, August 26, 2015
The Greek Elections and the EU Bailout: From Hope to Fear and Despair. Greece’s National Wealth For Sale By Prof. James Petras, August 26, 2015
“The Banksters Did It”: The Central Banks Have Engineered This Financial Collapse By James Corbett, August 26, 2015
Global Economic Crisis: The Latest Cumulative Impact of America’s Aggressive “Regime Change” Strategy By Robert Parry, August 26, 2015
Dow Jones
Panic Grips Financial Markets By Stephen Lendman, August 26, 2015
IMF: Greece Needs “Significant Debt Relief” By Constantin Gurdgiev, August 25, 2015
Chinese Central Banker Blames Fed for Market Crash By Tyler Durden, August 25, 2015
As Global Selloff Deepens, US Stock Market Teeters on Edge of Collapse By Barry Grey, August 25, 2015
Africa US
US Imperialism and America’s “New Cold War” against Africa By Abayomi Azikiwe, August 25, 2015
Black Monday “Speculative Rebound”: The Dow Jones Just Made the Largest One-Day Roundtrip EVER By Washington's Blog, August 24, 2015
Economics in Freefall
Global Trade in Freefall: Container Freight Rates from Asia to Europe Crash 60% in Three Weeks By Tyler Durden, August 24, 2015
Dow Jones
Black Monday… “Full On Market Crash Phase” By Clive P. Maund, August 24, 2015
Chinese stock market crash
The China Stock Market Collapse: Summarizing The “Black Monday” Carnage So Far By Tyler Durden, August 24, 2015
Chinese stock market drop
China Stocks in Sharpest Fall Since 2007 By Zhang Yixi, August 24, 2015
Former Greek Finance Minister Yanis Varoufakis Documents Syriza’s Political Treachery By Robert Stevens, August 24, 2015
German “Investors” Begin the Looting of Greece By Darrell Delamaide, August 24, 2015
The Privatization of Water: Nestlé Pays Only $524 to Extract 27,000,000 Gallons of California Drinking Water By Claire Bernish, August 24, 2015
Central Banks Have Become a Corrupting Force By Dr. Paul Craig Roberts and Dave Kranzler, August 24, 2015
The Economic Elite Versus The People of the USA:  In our Nation’s History, the Stakes have Never been Higher
Ending Government Rule of the Elites, by the Elites, for the Elites By Robert Abele, August 23, 2015
Recent Two Day Stock Market Crash Larger Than Any One Day Stock Market Crash In U.S. History By Michael Snyder, August 22, 2015
RBS, Barclays, HSBC, Goldman: White Collar Criminals In Rigged Foreign Exchange Scandal Must Face Jail Time, Say UK Experts By RT, August 22, 2015
Divide and Conquer: The Anglo-American Imperial Project
How Money Strengthens the Anglo-American System of Imperial Domination By Guillaume Kress, August 21, 2015
aleppo factory
Turkey is Looting and Destroying Aleppo, Syrian Industrialists Seek International Justice By Fehim Taştekin, August 21, 2015
Global Markets Plunge amid Signs of Deepening Slump By Andre Damon, August 21, 2015
2015: The Global Financial Crash Won’t Happen By Global Europe Anticipation Bulletin (GEAB), August 21, 2015
Crisis of Democracy in Britain: Economists Welcome Corbyn’s Policy Proposals By Political Concern, August 20, 2015
The Threats And Costs Of War By John Scales Avery, August 20, 2015
Greece’s Bailout: “Creating a Corporate paradise in the Mediterranean” By Global Justice Now, August 20, 2015
The U.S. Federal Reserve’s Quantitative Easing (QE) Was “A Big Mistake” By Tyler Durden, August 20, 2015
The Real Reason Why Russia Is Destroying Sanctioned EU Food By Andrew Korybko, August 20, 2015
The Political Mystery Surrounding Jeremy Corbyn and the UK Budget Deficit By Jeremy Smith, August 19, 2015
Mirroring Greece: Ukrainian Economy in Free Fall By Sputnik, August 19, 2015
Greece: What Future for Yanis Varoufakis? A Man of the “System” Rebelling against It By Jacques Sapir, August 19, 2015
Corporate Crime and the Plunder of Planet Earth By Dr. Gary G. Kohls, August 19, 2015
Détroit : Une économie américaine en ruine
“Jobless Recovery” and Bankruptcy in Detroit By Abayomi Azikiwe, August 18, 2015
Eurogroup Approves Austerity Deal with Syriza-Led Greek Government By Robert Stevens, August 17, 2015
US-China Standoff: The South China Sea’s Simmering Crisis By Minghao Zhao, August 16, 2015
US-Iran Relations: Towards a Polar Reorientation In the Middle East? By Andrew Korybko, August 16, 2015
More Layoffs in America: No Letup in Attack on Jobs
Bankruptcy and Economic Stagnation: Mass Layoffs Worldwide as Corporate Mergers near New Record By Andre Damon, August 16, 2015
Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Devaluation, Financial Analyst By Andrew Moran, August 15, 2015
Greek Parliament Votes for New Round of Austerity Measures By Christoph Dreier and Chris Marsden, August 14, 2015
SYRIZA Votes for A Disastrous New EU Austerity Program. A New Popular Political Front against the EU Is Required By Stavros Mavroudeas, August 14, 2015
More than 50% of US Government Spending Goes to the Military
US Military Uses IMF and World Bank to Launder 85% of Its Black Budget By Jake Anderson, August 14, 2015
U.S. Economy: Potential Job Losses from China’s Devaluation By Pam Martens and Russ Martens, August 14, 2015
Greek Pillage Bailout Deal: Germany Wants More By Stephen Lendman, August 13, 2015
Out of the Closet: Presidential Hopeful Carly Fiorina and the China Threat By Binoy Kampmark, August 13, 2015
NATO, The IMF, Divisions, Grexit… Looking Out To 2020: European Wars? By Global Europe Anticipation Bulletin (GEAB), August 13, 2015
How Global Real Estate Giant Profits from Stolen Palestinian Land By Ben Norton, August 13, 2015
China Devaluation Fuels Market Turmoil By Nick Beams, August 13, 2015
Israel’s Financial Sector Prepares for the BDS Tsunami By Connie Hackbarth, August 13, 2015
The Worth of Gold Growing by the Day. “A Gold-backed Alternative to the Inflated Dollar System” By F. William Engdahl, August 13, 2015
Explaining Donald Trump’s Rise With Economic Misinformation By Dean Baker, August 12, 2015
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The US King Dollar Has No Clothes. America’s “Toilet Paper Money” By Matthias Chang, August 12, 2015
Stephen Harper
Canada’s National Leaders Debate 2015. “Why Has the Standard of Living of Most Canadian Families Declined?” By Lech Biegalski, August 12, 2015
Total Capitulation? Greece and Troika Agree on Debt Bailout Deal “in Principle” By Stephen Lendman, August 12, 2015
The Social Cost of Capitalism By Dr. Paul Craig Roberts, August 12, 2015
CHINA'S RENMINBI  VERSUS THE US DOLLAR: People's Bank of China widens trading range of the yuan
What China’s Devaluation Means to the U.S. Economy By Pam Martens and Russ Martens, August 11, 2015
Collective Life Capital: The Lost Ground of the Economy By Prof. John McMurtry, August 11, 2015
Is The Recovery Real? The US Economy is Set for a “Double-Dip” Recession
The US Economy Continues Its Collapse By Dr. Paul Craig Roberts, August 10, 2015
Greece Bailout
Greece: Raped, Humiliated, Frightened But Standing! By Andre Vltchek, August 10, 2015
Germany: “Bring Back Our Gold Reserves”, Stored in New York at the Fed By Lars Schall, August 10, 2015
Europe globe
A Cold Summer for Europe By Israel Shamir, August 10, 2015
Bring Down Goldman Sachs and Expose the Financial Coup
US-NATO Military Deployments, Economic Warfare, Goldman Sachs and the Next Financial Meltdown By Prof Michel Chossudovsky, August 08, 2015