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.
Who Profits from the Pandemic? By Pepe Escobar, April 09, 2020
End the Shutdown; It’s Time for Resurrection! By Rep. Ron Paul, April 08, 2020
More People Died of Suicide Last Week in Tennessee Than COVID-19 By Mac Slavo, April 08, 2020
Latin America
Corporate Buybacks Artificially Inflated Stock Prices to Bubble Levels By Stephen Lendman, April 08, 2020
They Told Us So. “This Was Not a Strike out of the Blue”. Towards A New World Order… By Jim Miles, April 08, 2020
Coronavirus Being Used to Scare You Away from Using Cash By Nick Hankoff, April 07, 2020
Bread Lines in the US By Stephen Lendman, April 07, 2020
COVID19 – Can Britain Avert the Coming Catastrophe By True Publica, April 07, 2020
Corona Pandemic: The Perfect Scapegoat for the Financial and ‘Everything Bubble’ Market Crash: The Great Depression 2.0 By Sianny Rooney, April 06, 2020
Was the Federal Reserve Just Nationalized? By Ellen Brown, April 06, 2020
COVID-19 Depression: Trump Needs a War By Kurt Nimmo, April 05, 2020
The Contradictions of American Warfare: Good Karma, Bad Karma… Always Karma By Philip A Farruggio, April 03, 2020
Can “Coronavirus Diplomacy” Bring the European Union (EU) Closer to Eurasia? By Paul Antonopoulos, April 03, 2020
US Unemployment to Exceed 40% by End of April? By Stephen Lendman, April 03, 2020
The Bigger Picture Is Hiding Behind a Virus By Jonathan Cook, April 03, 2020
Video: Sweden: Europe’s Lockdown Exception By France 24 and Dr. Gary G. Kohls, April 03, 2020
Why Did Russia Just Halt Domestic Gold Purchases? By Zero Hedge, April 03, 2020
New York Fed December 2019 Plans to Throw $2.93 Trillion at Wall Street’s Trading Houses By Pam Martens and Russ Martens, April 03, 2020
Ground Control to Planet Lockdown: This Is Only a Test By Pepe Escobar, April 03, 2020
10 Signs the U.S. Is Heading for a Depression By Mike Whitney, April 03, 2020
China Rolls Out the Health Silk Road By Pepe Escobar, April 03, 2020
Who are the Narco-Terrorists: George H. Walker Bush: The Bush Family and the Mexican Drug Cartel By Prof Michel Chossudovsky, April 02, 2020
The Post-Coronavirus World Will be Far Worse Than the Pre-Coronavirus World By Eric Zuesse, April 01, 2020
Universal Basic Income and COVID-19 Bailout By Ellen Brown and Philip A Farruggio, April 01, 2020
Trump Asks Putin for Help in Oil War By Mike Whitney, April 01, 2020
More Will Die from the Response to COVID-19 Than From the Virus By Kevin Ryan, April 01, 2020
Amnesty Slams Trump for Classifying Gun Stores as ‘Essential Businesses’ During Pandemic By Julia Conley, April 01, 2020
International Labour Network: They Are at War… Against Us! By International Labour Network of Solidarity and Struggles, April 01, 2020
On “Market Solutions” to the Covid-19 Crisis By Dr. Jack Rasmus, April 01, 2020
A Coup to Stop a Revolution: The Virus: Taking the Whole World Hostage By K V Ramani, March 31, 2020
White House: Hand-outs for the Rich Guys, No More Help for Ordinary Americans in Need By Stephen Lendman, March 31, 2020
Warnings of Economic Depression By Stephen Lendman, March 31, 2020
Will Coronavirus End the Fed? By Rep. Ron Paul, March 31, 2020
Fool Me Once… By Philip A Farruggio, March 31, 2020
The Virus of Sanctions: Flattening the Curve By George Capaccio, March 31, 2020
Canadian Crude Selling for “Roughly the Same Price as a Big Mac” By Abizaid N. Alqassier, March 31, 2020
German Minister Commits Suicide After ‘Virus Crisis Worries’ By Euractiv, March 31, 2020
Brits Unite Against Coronavirus; but How Long Will the Solidarity Last? By Johanna Ross, March 31, 2020
COVID-19 Lockdown: A Global Human Experiment By Vigilant Citizen, March 30, 2020
Handout or Bailout? Transferring Trillions to the Super-Rich. “Crumbs” for US Households By Stephen Lendman, March 30, 2020
Murphy Organizes Senate Effort to Call for Ease of US Sanctions Hindering Response to COVID-19 By US Senator Chris Murphy of Connecticut, March 30, 2020
US ‘Granting Waivers’ to Release Iranian Assets for Coronavirus Fight: Iranian Sources By Rohollah Faghihi, March 30, 2020
Putin Says ‘the Rich Must Pay’ for the Coronavirus By Mike Whitney, March 30, 2020
Coronavirus Shutdown and the Worldwide Corporate Debt Crisis By Christian Parenti and Dante Dallavalle, March 30, 2020
The Decade of Transformation Is Here: Remaking the Economy for the People By Kevin Zeese and Margaret Flowers, March 30, 2020
Why Did Hundreds Of CEOs Resign Just Before The World Started Going Absolutely Crazy? By Michael Snyder, March 29, 2020
Corona Pandemic: Oligarchs and Politicians Do Not Let a Crisis Go to Waste By Adeyinka Makinde, March 29, 2020
Covid-19 Hysteria Vs. Your Actual (Very Low) Chance of Dying By Ulson Gunnar, March 29, 2020
COVID-19: Martial Law, Digital Currency, and World Government By Kurt Nimmo, March 29, 2020
What Happens In the Wake of the COVID-19 Lockdown? Economic Destruction, Global Poverty, Bankruptcies, Mass Unemployment. Neoliberalism to the Rescue By Prof Michel Chossudovsky, March 28, 2020
Why Is the U.S. So Exceptionally Vulnerable to Covid-19? By Nicolas J. S. Davies, March 27, 2020
COVID-19 Puts Capitalism on a Ventilator. No More Bank and Corporate Bailouts! By Prof. Anthony A. Gabb, March 27, 2020
The Senate’s Coronavirus Relief Package Must be Stopped! By Mike Whitney, March 27, 2020
Bernie Sanders Voted for Corporate Bailout Bill. “Hand Outs” to Big Money, Crumbs for Ordinary Americans By Stephen Lendman, March 27, 2020
The Coronavirus Aid, Relief, and Economic Security, CARES Act Is Business Giveaway, “Handout” to Monied Interests By Stephen Lendman, March 26, 2020
Trump’s Idiocy Just Condemned His Citizens — The Rest of Earth Must Practise ‘Social Distancing’ from the US By Morning Star, March 26, 2020
US Stimulus Plan: What’s Needed or Way Short? By Stephen Lendman, March 26, 2020
A Brady Bond Solution for America’s Economic Crisis and Unpayable Corporate Debt By Dr. Paul Craig Roberts and Prof Michael Hudson, March 26, 2020
Our Leaders Are Terrified. Not of the Virus – of Us. By Jonathan Cook, March 26, 2020
US Senate’s Final Stimulus Bill – Why It Won’t be Enough By Dr. Jack Rasmus, March 25, 2020
Latin America
Depression USA: Dueling Dems and Republicans “Stimulus Plans” and Fed Shenanigans By Stephen Lendman, March 25, 2020
The 2020 Great Recession 2.0 –Or Worse! By Dr. Jack Rasmus, March 24, 2020
Time to Rein in the Potent Virus Called “The Super Rich” By Philip A Farruggio, March 24, 2020
A Debt Jubilee Is the Only Way to Avoid a Depression By Prof Michael Hudson, March 24, 2020
China Braces for Further Economic Shockwaves By Stephen Lendman, March 23, 2020
Everything Accomplished During the Great Depression to Make Capitalism Workable Has Been Taken Away Resulting in Economic Crisis that Only Debt Forgiveness Can Mitigate By Dr. Paul Craig Roberts, March 23, 2020
COVID-19: A US Scheme for Greater Consolidation of Wealth and Power? By Stephen Lendman, March 23, 2020
Shutting Down an Entire Economy. Weighing up the Threat From the Virus and the Threat From the Reaction By Rob Slane, March 23, 2020
Welcome to Sweatshop Amerika! By Mike Whitney, March 23, 2020
In Times of Crisis, How to Prevent an Economic Meltdown and Avoid Privatizing Profits and Socializing Losses By Prof Rodrigue Tremblay, March 23, 2020
COVID-19: Trump Companies Fall, Hundreds Lose Jobs By Telesur, March 23, 2020
While Dumping Their Stocks, US Senators Misled the Public on Coronavirus Crisis By Jacob Crosse, March 23, 2020
IMF Rejects Venezuela COVID-19 Emergency Fund Appeal By Ricardo Vaz, March 23, 2020
Worst Financial Crisis since 1929: The Fed’s $1.5 Trillion Stimulus Bill. Long Term Solutions By Ellen Brown, March 22, 2020
US Senators Dump Stocks with COVID-19 “Inside Information” By Stephen Lendman, March 22, 2020
The IMF Abandons Venezuelans to the Threat of the COVID-19 Pandemic on a Political Decision By Nino Pagliccia, March 22, 2020
Vietnam War Started 55 Years Ago: Neoliberalism and “The Vietnam Model”. Who Won the Vietnam War? By Prof Michel Chossudovsky, March 21, 2020
The Coronavirus, Fear, and Elitist Driven Market Insanity By William J Murray, March 20, 2020
The Fed Reopens Its Landfill for Distressed Assets By Mike Whitney, March 20, 2020
Global Depression Arrives, Only Its Depth and Duration Unknown By Stephen Lendman, March 20, 2020