Global Economy

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.
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.
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.
America
Mounting Unemployment in America: Over One Million UI Claims for 27 Straight Weeks, Unprecedented US Economic Collapse By Stephen Lendman, September 25, 2020
China Ramps Up U.S. Crude Oil Imports as Elections Near By Irina Slav, September 25, 2020
Venezuela Launches London Appeal in Battle for $1 Billion in Gold By Reuters, September 24, 2020
US Tells Kenya to Publicly Support Israel or Forget Free Trade Deal By Aggrey Mutambo, September 23, 2020
History. Hyperinflation, Fascism and War: How the New World Order May be Defeated Once More By Matthew Ehret-Kump, September 20, 2020
Rise of Trumpism and Geoeconomic Pivot to China By Nauman Sadiq, September 20, 2020
America
Weekly for Six Months, US Unemployment Claims Exceeded One Million By Stephen Lendman, September 18, 2020
Covid-19: The Great Reset – Revisited. Scary Threats, Rewards for Obedience… By Peter Koenig, September 17, 2020
Twilight in the Desert for Saudi Arabia and Crown Prince Mohammed Bin Salman? By F. William Engdahl, September 17, 2020
How Xinjiang “Interferes” with the EU-China Deal By Pepe Escobar, September 16, 2020
Public Debt Is the Real Pandemic: $3.3 Trillion Federal Deficit, Largest in US History …. By Rep. Ron Paul, September 15, 2020
India-Japan “Mutual Naval Logistic Pact”: Directed against China’s Expansion in Africa By Uriel Araujo, September 14, 2020
Can You Name One Company that Has Moved to the UK Because of Brexit? By Jack Peat, September 14, 2020
Washington Regime Ban on China’s TikTok App: A Dumb Move By Eric Sommer, September 11, 2020
Despite Increasing Trade with Chinese Yuan US Dollar Is Likely to Remain the World’s Biggest Currency Reserve By Paul Antonopoulos, September 11, 2020
America’s Current Jobs ‘Great Depression’ By Dr. Jack Rasmus, September 10, 2020
Zimbabwe Ruling Party Says There Is No Crisis in the Country By Abayomi Azikiwe, September 10, 2020
The US Must Grow Up and Respect Iranian Independence By Kevin Zeese and Margaret Flowers, September 08, 2020
Trump Regime to Blacklist China’s Top Chipmaker? By Stephen Lendman, September 07, 2020
The “End of Poverty” Illusion: Global and East Asian Realities in the COVID-19 Pandemic By Prof. Mel Gurtov, September 06, 2020
American workers
Unprecedented US Economic Collapse and Reality Defying Market Bubble By Stephen Lendman, September 05, 2020
Focus: Fears Grow over China’s Possible Massive Sales of U.S. Debt as Weapon By Tomoyuki Tachikawa, September 04, 2020
How an “Act of God” Pandemic Is Destroying the West By Prof Michael Hudson, September 03, 2020
“Humiliation”: Exxon Dumped Out Dow Jones Industrial Index after Nearly 100 Years By Andy Rowell, September 03, 2020
India Implodes Its Own New Silk Road By Pepe Escobar, September 03, 2020
An American Journey: 1635 Arrival to 2020 U.S. Catastrophe By Richard C. Cook, September 01, 2020
Is Russia Backtracking on China’s “Belt and Road” (BRI)? Moscow’s Balancing Act Between China and India By Andrew Korybko, August 31, 2020
Manufactured Pandemic and Economic Collapse a Boon for Billionaires By Stephen Lendman, August 31, 2020
Venezuela’s Oil Industry Between Sanctions and Strategic Blunders: A Conversation with Carlos Mendoza Potella By Prof. Carlos Mendoza Potella and Cira Pascual Marquina, August 31, 2020
China’s Project to Create A “Digital Yuan” By Lucas Leiroz de Almeida, August 28, 2020
Global Capitalism, “World Government” and the Corona Crisis By Prof Michel Chossudovsky, August 27, 2020
The China-US Trade Deal, Uncertainty and Instability of the Global Economy By Andrew Korybko, August 26, 2020
China’s Belt and Road (BRI): Investment and Lending Practices in Developing Countries. Is There a “Debt Trap”? By Jemma Nott, August 25, 2020
China: Everything Proceeding According to Plan, Complete Interruption of Relations with US? By Pepe Escobar, August 25, 2020
China and the Decline of US Power By Dr. Chandra Muzaffar, August 24, 2020
The World Economic Forum (WEF) Knows Best – The Post-Covid “Great Global Reset” By Peter Koenig, August 23, 2020
The 2020 Covid Global Economic Meltdown: “Political Trickery” and the Relevance of 9/11 By Anthony Hall, August 23, 2020
Towards a US-China War? The Creation of a Global Totalitarian System, A “One World Government”? By F. William Engdahl, August 23, 2020
Obscene Pandemic Profiteering: Largest Consolidation of Wealth in American History By David DeGraw, August 23, 2020
The Carney/Freeland “Green Reset” Shapes Canada’s ‘New Normal’ By Matthew Ehret-Kump, August 23, 2020
From Lockdown to Police State: The “Great Reset” Rolls Out By Ellen Brown, August 23, 2020
Agenda ID2020: The Diabolical Agenda within the Agenda. “Genetically Modified Humanity” By Peter Koenig, August 21, 2020
Privatization of Urban Areas? American Cities Need Bailouts Not More Usurious Bond Schemes By Abayomi Azikiwe, August 20, 2020
Trump Regime Further Escalates War on China’s Huawei By Stephen Lendman, August 20, 2020
Latin America
Was COVID-19 a Cover for an Anticipated or Planned Financial Crisis? By Anthony Hall, August 20, 2020
Covid-19: Lockdown of the Global Economy of Planet Earth. Diabolical Project: The Closing Down of 193 National Economies Is Not “A Solution” By Prof Michel Chossudovsky and Bonnie Faulkner, August 19, 2020
New Normal? Better Normal! Economic and Social Impacts of Lockdown. Director-General of the ILO By Guy Ryder, August 19, 2020
China vs. America, Whose Century Is It? Don’t Ask Donald Trump: “The Invisible Chinese Virus” By Dilip Hiro, August 19, 2020
Halting Our Descent into Tyranny: Defeating the Global Elite’s COVID-19 Coup By Robert J. Burrowes, August 19, 2020
Trade Wars Threaten Post-pandemic Global Economic Recovery By Paul Antonopoulos, August 19, 2020
Lebanon: Pearl on the New Silk Road or Zone of Dark Age Chaos By Matthew Ehret-Kump, August 19, 2020
Historic Collapse of US Economy: Real GDP Registers Biggest Quarterly Slump in Last 70 Years at 32.9% By Justinas Baltrusaitis, August 17, 2020
Lockdowns, Coronavirus, and Banks: “Following the Money”. Devastating Economic and Social Impacts By Anthony Hall, August 16, 2020
IMF and WEF – From Great Lockdown to Great Transformation. The COVID Aftermath By Peter Koenig, August 14, 2020
A Real Democratic World Government Is the Solution to the COVID-19 Crisis By Roger Copple, August 13, 2020
Bailing on Boeing: Order Cancellations Exceed New Sales for Sixth Straight Month By Zero Hedge, August 12, 2020
Coronavirus Is the New ‘Terrorism’ By Rep. Ron Paul, August 11, 2020
Corona and the End of the Neoliberal Era? By Marc Vandepitte, August 10, 2020
Trump’s Payroll Tax Deferral Aims to Weaken and Kill Social Security and Medicare By Stephen Lendman, August 10, 2020
Covid-19 and the “Greater Economic Depression” Exceeding the 1930s: Unemployment Armageddon By Stephen Lendman, August 09, 2020
Trump Scuttles Economic Stimulus Negotiations. What Next? By Dr. Jack Rasmus, August 09, 2020
The COVID “Second Wave” Will Tear Our Communities Apart By Stewart Brennan, August 09, 2020
Cyprus Is No Longer a Tax Haven for Russia’s Oligarchs By Paul Antonopoulos, August 07, 2020
Taxing the Rich. Imposing A “Pigou Wealth Tax” in the Time of COVID-19 By Kavaljit Singh, August 06, 2020
Covid Aid, Relief and Economic Security. The CARES Act: Is the Money is Going the More Prosperous Neighbourhoods? By Bart Naylor and Ann Garrison, August 06, 2020
US War on Chinese Enterprises By Stephen Lendman, August 05, 2020
Despite Official Reports, China Has Been Importing Millions of Barrels of Iranian Crude Oil By Simon Watkins, August 04, 2020
Stories Of Economic Despair From America’s Worst Economic Downturn Since The Great Depression Of The 1930s By Michael Snyder, August 04, 2020
US GDP Collapses and Economic Rebound Fades By Dr. Jack Rasmus, August 04, 2020
U.S. Cold War China Policy Will Isolate the US, Not China By Medea Benjamin and Nicolas J. S. Davies, August 03, 2020
Escalating Trump Regime Cold War on China By Stephen Lendman, August 03, 2020
Congress Fails to Agree on Extending Aid to Jobless Americans By Stephen Lendman, August 02, 2020
A “Brazen Giveaway” GOP HEALS Act Is a $30 Billion Bonanza for the Pentagon By Alan MacLeod, July 31, 2020
Boeing Posts Massive Loss, Burns $5.3 Billion as Aircraft Production Slows and Debt Explodes By Zero Hedge, July 31, 2020
Military Escalation, Dangerous Crossroads in US-China Relations: Mike Pompeo Goes Wild By Stephen Lendman, July 30, 2020
Chinese Participation in 5G Auction Could Save Brazilian Economy By Lucas Leiroz de Almeida, July 29, 2020
China Is to Stay in Latin America and US Has No Choice but to Accept By Paul Antonopoulos, July 28, 2020
Public Money to Plunder the Planet: Development Banks Fund Big Meat and Dairy By Shefali Sharma, July 28, 2020
China’s Vision in a Post-COVID World By Peter Koenig, July 28, 2020
The Health, Economic Assistance, Liability Protection and Schools (HEALS) Act. The GOP’s Let ‘Em Eat Cake Stimulus Plan’ By Stephen Lendman, July 28, 2020