Global Economy

62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, this share of wealth by half of the world’s people has collapsed by over 40% in the last five years.
America has the greatest inequalities, highest mortality rate, most regressive taxes, and largest public subsidies for bankers and billionaires of any developed capitalist country. One of the most likely sources of billionaire wealth is through tax evasion in all of its guises and forms.
Behind the extreme highs of the stock market and the official government unemployment data, the US economy is primed for a financial Tsunami that is more influenced by independent Fed actions than by anything that the White House has done since January 2017.
The U.S. dollar is tied up with the market for interest rate derivatives, currently valued at over $500 trillion. As analyst Rob Kirby explains, the economy would crash if interest rates went negative. The derivatives market would go down like a stack of dominoes and take the U.S. economy with it.
Post-Brexit Britain to be the “Largest and Most Destructive Tax Haven in the World” By True Publica, February 17, 2020
Doing More Harm Than Good? Our Latest Report on the UK’s Development Bank, CDC By Daniel Willis, February 17, 2020
United Airlines Pulls Boeing 737 MAX from Schedule Until September 4. By Zero Hedge, February 17, 2020
Trump’s Trade War with China: Imagine What Would Happen if China Decided to Impose Economic Sanctions on the USA? By Prof Michel Chossudovsky, February 17, 2020
Coronavirus May Tip the Global Economy Into Recession? By Dr. Leon Tressell, February 17, 2020
US Undeclared War on China by Other Means By Stephen Lendman, February 17, 2020
Is China Capitalist? By Marc Vandepitte, February 16, 2020
The Metal Trump Wants More than Gold. China’s Control Over Strategic Metals By Charles Kennedy, February 14, 2020
Israeli-Palestinian
Corporate America in Israel and Illegal Settlements By Stephen Lendman, February 13, 2020
Johnson’s Administration Has Just Dumped an Unexploded Time Bomb in Our Midst By True Publica, February 13, 2020
Wall Street Invading Wet’suwet’en First Nation Territory. Uprising Across Canada By Joyce Nelson, February 12, 2020
Will China Virus Trigger New Great Depression? US Economy Already Fragile By F. William Engdahl, February 12, 2020
The Russia-India Oil Deal Is an ‘Unpleasant Surprise’ for Iran, Not the US By Andrew Korybko, February 12, 2020
Recession Engineered by the Creditors: Seven Years of Demanding the Impossible in Greece By Yiannis Mouzakis, February 11, 2020
Bankers Shape Canadian Policy in Latin America. Juan Guaidó Fêted in Ottawa By Yves Engler, February 09, 2020
Rosa Luxemburg and Debt as an Imperialist Instrument By Eric Toussaint, February 09, 2020
Just a Little Sloppy Record-Keeping? The Pentagon’s $35 Trillion ‘Accounting Black Hole’ By Zero Hedge, February 07, 2020
More Bad Brexit News as Main Driver of Economy Continues to Slump By True Publica, February 05, 2020
Coronavirus Pandemic: Economic Disruption. China Bashing and Hate Campaign against Chinese-Americans By Prof Michel Chossudovsky, February 04, 2020
BRICS and the Digital Money Project: Alternative to US$, New Wave in International Payment System? By Yana Grigoryeva, February 03, 2020
The “Repo” Fiasco; the Fed’s Cash Injections Send Stocks Soaring By Mike Whitney, February 03, 2020
Early Industrial Capitalism in the United States: Oppression, Expansionism and Internal Contradictions By Heather Cottin, February 02, 2020
UK News: Brexit, the Election and OPCW Disclosures By Michael Welch, Patrick Henningsen, and Radhika Desai, February 01, 2020
Brexit – The Realisation Stage … What Next By True Publica, January 31, 2020
England Came and Went, Leaving Europe in a Mess. UK Leaves EU By Diana Johnstone, January 31, 2020
Boeing Reports Epic $4 Billion Revenue Miss, Announces $18.6BN in 737 MAX Costs, Cuts 787 Production; Stock Surges By Zero Hedge, January 30, 2020
The Global System Nearing Financial and Climate Collapse: Capitalism By Frank Scott, January 29, 2020
“Debt Against the People”: Analysis and History of the Global Debt Crisis By Eric Toussaint, January 29, 2020
Trump’s Failed Bullying: Britain Accepts 5G Huawei Technology By Dr. Binoy Kampmark, January 29, 2020
Russia-Pakistan Relations. A Five-Phase Strategy. Building Afro-Eurasia By Andrew Korybko, January 28, 2020
Follow the “Real Money” Behind the “New Green Agenda” By F. William Engdahl, January 28, 2020
The Unbearable Hypocrisy of US Sanctions on Iran By Daniel McAdams, January 27, 2020
Why the New Silk Roads Are a “Threat” to the “US Bloc” By Pepe Escobar, January 27, 2020
Prospects for China-U. S. Relations After “Phase 1 Trade Deal” By Dr. Leon Tressell, January 26, 2020
Sheep Always Seem to Lose Their Wool: “Our Nation Flounders in an Economic and Psychological Depression” By Philip A Farruggio, January 26, 2020
Disabled People Under Attack By John Clarke, January 24, 2020
The US-China Trade Deal Is Mostly Symbolic By Kavaljit Singh, January 24, 2020
Trump Parties in Davos While Ordinary Americans Struggle to Make Ends Meet By Stephen Lendman, January 23, 2020
Impacts of the China-Myanmar Economic Corridor (CMEC). Ease or Exacerbate China-India Rivalry? By Andrew Korybko, January 23, 2020
The Pacific Gas and Electric Company (PG&E): Monopoly Power and Disasters by the Rich 1% By Peter Phillips and Tim Ogburn, January 23, 2020
Video: Globalize Hope: New Film on the History of La Via Campesina By La Via Campesina, January 23, 2020
New Debt Crisis in the South By Milan Rivié, January 23, 2020
Trump At Davos: “The Great American Comeback” By Andrew Korybko, January 22, 2020
The Davos World Economic Forum (WEF) Is at It Again – Celebrating 50th Anniversary By Peter Koenig, January 22, 2020
Despite Limitations, Cuba’s State Budget Maintains Its Eminently Social Focus By Yudy Castro Morales, January 22, 2020
Iran Threatens to Quit NPT if EU Pursues Reimposition of Security Council Sanctions By Stephen Lendman, January 21, 2020
US Official Delivers Trump’s Threatening Message to Sri Lankan President By K. Ratnayake, January 21, 2020
Africa: For-profit Investments Are Not ‘Development’ By Dan Carden, January 20, 2020
The Truth About the Trump Economy By Joseph E. Stiglitz, January 20, 2020
NAFTA 1.0: Was It a “Legal Agreement”? One of Its Signatories Linked to Organized Crime. And What About NAFTA 2.0? By Prof Michel Chossudovsky, January 19, 2020
Remarks on the US/China “Trade Deal” By Dr. Paul Craig Roberts, January 19, 2020
France’s Popular Uprising: Revolution or Frozen Conflict? By Diana Johnstone, January 19, 2020
The World Looks to Abandon the Dollar as US Sanctions Tighten Their Grip By Ryan McMaken, January 17, 2020
The Market in this New Decade By Bryant Brown, January 17, 2020
Trump’s Feeble Phase 1 China-US Trade Deal By Dr. Jack Rasmus, January 17, 2020
Battle of the Ages to Stop Eurasian Integration By Pepe Escobar, January 17, 2020
The Cannabis Industry’s Dirty Energy Secret By James Burgess, January 16, 2020
China’s Growing Economic Miracle… Cracks and Bubbles?! Realties of China’s Banking and Finance By Brett Redmayne-Titley, January 16, 2020
Trade War
The China-US Phase One Trade Deal: Deep Seated Crisis Unresolved By Stephen Lendman, January 16, 2020
Persian Peril: The Assassination of Qasem Soleimani and the Prospect of War with Iran By Michael Welch, Glenn Michalchuk, and Pepe Escobar, January 15, 2020
‘Phase One’ of the US-Chinese Trade Deal Is Bad News for India By Andrew Korybko, January 15, 2020
Unintended Consequences: Did Trump Just Give the Middle East to China and Russia? By F. William Engdahl, January 15, 2020
Brazil: From Lula to Bolsonaro By Eric Toussaint, January 15, 2020
The World Must End the US’ Illegal Economic War. Sanctions Imposed on 39 Countries By Kevin Zeese and Margaret Flowers, January 14, 2020
Argentina: Facing Another Debt Crisis By Eric Toussaint and Renaud Vivien, January 14, 2020
The Cost of Brexit – £200 bn in ‘Collateral Damage’ and Counting By True Publica, January 14, 2020
The Federal Reserve Protects Gamblers at the Expense of the Real Economy. “Helicopter Money” – The Only Way Out? By Ellen Brown, January 13, 2020
Will Boeing Survive as a Civilian Aircraft Maker in 2020? By Marshall Auerback, January 13, 2020
The US-China Power Struggle, Two Decades of CIA Interference in Tibet By Shane Quinn, January 12, 2020
The Fed Protects Gamblers at the Expense of the Economy. “Helicopter Money” By Global Research News, January 11, 2020
First Blow for Post-Brexit Britain as Australia Rejects Trade Deal By Jack Peat, January 10, 2020
Capitalism and the Gut-Wrenching Hijack of India By Colin Todhunter, January 09, 2020
The Gulf Monarchies Intervention in The Horn of Africa: Devastating Impact on Somalia By Dr. Bischara A. Egal, January 06, 2020
Neoliberalism and the Killing for Profit in Iraq By Bulent Gokay and Lily Hamourtziadou, January 04, 2020
“Invisible Balance of Power”. The Phenomenon of Terrorism, The “War on Terrorism” By Ian Greenhalgh, January 04, 2020
2020 Might be Challenging for Ethiopia, But It Can Count on China’s Help By Andrew Korybko, January 03, 2020
Old Money and New Questions in AMLO’s Mexico By Asad Ismi, January 03, 2020
The Great GOP Tax Cut Heist Two Years Later By Stephen Lendman, December 31, 2019
The External Costs of Human Activity Are Killing the Planet By Dr. Paul Craig Roberts, December 30, 2019
2020: The Year of the Oil Bankruptcies By Alex Kimani, December 30, 2019